Airlines

Cargojet redeems outstanding 5.75% senior unsecured hybrid debentures due April 30, 2024

Cargojet Inc. has officially redeemed the outstanding $86,250,000 aggregate principal amount on its 5.75% senior unsecured hybrid debentures due April 30, 2024, according to an announcement made on the Redemption Date.

The Corporation fulfilled the redemption by making a cash payment covering the principal amount along with all accrued and unpaid interest up to, but not including, the Redemption Date.

This strategic move by Cargojet Inc. demonstrates its commitment to managing financial obligations and ensuring the sound financial health of the Corporation.

Investors and stakeholders can find more information on this development through the official channels of Cargojet Inc.

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