Q: Hello 5I, is this new offer from InnVest "good enough" to accept in your opinion? ("InnVest") (TSX:INN.UN) announced today that it intends to increase the purchase price under its existing offer to purchase up to $28,750,000 of the outstanding principal amount of its Series G Convertible Unsecured Subordinated Debentures (the "Debentures") from $1,060 to $1,080 (the "Increased Offer Price") for each $1,000 in principal amount (the "Offer"), and proposes to amend the conversion price for each InnVest unit to be issued upon the conversion of one Series G Debenture under the trust indenture governing the Debentures to $7.50 rather than the $8.00 originally proposed (the "Indenture Amendments").
Thank you
Thank you