Westport Fuel Systems to Repay Existing 9% Debentures at Maturity
29 Agosto 2017 - 8:42PM
Westport Fuel Systems Inc. (“
Westport Fuel
Systems”) (TSX:WPRT) (Nasdaq:WPRT) announced today that it
has terminated the previously announced tender offer for Westport
Fuel Systems 9% unsecured subordinated non-convertible debentures
(the “
Debentures”) effective immediately. Prior to
cancellation of the tender offer, an aggregate of Cdn.$4,838,000
principal amount of Debentures were tendered to the offer and will
be acquired by Westport Fuel Systems. Westport Fuel Systems expects
to repay the remainder of the Debentures on their original maturity
date of September 15, 2017.
In connection with the cancellation of the tender
offer, Westport Fuel Systems has additionally cancelled the meeting
of holders of Debentures previously scheduled for September 14,
2017.
About Westport Fuel Systems
At Westport Fuel Systems, we are driving innovation
to power a cleaner tomorrow. We are inventors, engineers,
manufacturers and suppliers of advanced clean-burning fuel systems
and components that can change the way the world moves. Our
technology delivers performance, fuel efficiency and environmental
benefits to address the challenges of global climate change and
urban air quality. Headquartered in Vancouver, Canada, we serve our
customers in more than 70 countries with leading global
transportation brands. At Westport Fuel Systems, we think ahead.
For more information, visit www.wfsinc.com.
Investor Inquiries:
Caroline Sawamoto
Manager, Investor Relations and Communications
Westport Fuel Systems
T: +1 604-718-2046
invest@wfsinc.com
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