Element Financial

(SEDAR filing: 5 June 2014) Short form prospectus of Element Financial Corporation (the "Corporation") for $300M of 5.125% extendible convertible unsecured subordinated debentures (the "Debentures"), $825.05M (64.71M in number) of subscription receipts (the "Subscription Receipts") and $125M (5M in number) of 6.40% cumulative 5-year rate reset preferred shares, Series E (the "Series E Shares") (2831 K). Blakes/Wildeboer
Summaries
Summary Under
Tax Topics - Public Transactions - Offerings - Convertible Debentures
Element Financial Corporation offering of convertible debentures (with non-resident disclosure), subscription receipts and redeemable non-retractable preferred shares
Overview

In order to finance its acquisition of PHH for U.S.$1.4B, the Corporation is proposing to issue $300M of convertible debentures, $825M in...

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