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CS - AIMCo doesn’t stop believing in Journey with new notes buy - October 2019



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Journey Energy Inc. announced Sept. 30 that it issued new promissory notes to Alberta Investment Management Corp. totaling $44 million. Each tranche is for $22 million principal amount, with one paying 7.65% p.a. and maturing in September 2022 and the other paying 11.5% p.a. and maturing in October 2023. Both notes were negotiated from earlier terms. AIMCo received an equity kicker of 1,137,331 warrants to purchase common shares of Journey at $3.15 each through......
 
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