Firm Capital Mortgage Investment Corporation Announces Early Redemption of 5.40% Convertible Debentures due June 30, 2025

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Last update: Apr 7, 2025

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TORONTO, April 07, 2025 (GLOBE NEWSWIRE) -- Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX: FC) is pleased to announce that it intends to redeem early all of its outstanding $25,000,000 aggregate principal amount of 5.40% convertible unsecured subordinated debentures due June 30, 2025 (the “Debentures”) on May 12, 2025 (the “Redemption Date”). The Debentures, which have a maturity date of June 30, 2025, will be redeemed by the Corporation early in accordance with the terms of the Debenture trust indenture. The Debentures, which are listed and posted for trading on the Toronto Stock Exchange under the symbol FC.DB.I, will cease trading on the Redemption Date.