Ontario · Receivership (court-appointed)
Compendium of Port of Algoma Inc
Application / notice of application · 6 October 2016
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: (i) a cash payment equal to 32.5% of the unpaid principal and accrued interest due under the Existing Unsecured Notes, which cash payment, as of September 30, 2014, would have been approximately US$135 million and (ii) new junior secured notes (the ''Exchange Notes'') issued by our subsidiary 1839688 Alberta ULC in a principal amount equal to 60.0% of the unpaid principal and accrued interest of the Existing Unsecured Notes, which aggregate principal amount of Exchange Notes, as of September 30, 2014, would have been approximately US$249 million. · pct of: principal · outcome: distribution · pct low: 32.5 · currency: USD · pct high: 32.5 · class key: unsecured · stated by: debtor · amount low: 135000000 · amount high: 135000000 · class label: Holders of the Existing Unsecured Notes · interim final: unstated · currency quote: US$135 million · claims qualifier: unstated · stated on: 2014-07-24 · table missing: