Medical Facilities Corp., a company that owns ASCs and surgical hospitals throughout the U.S., plans to discharge its outstanding 5.9 percent convertible unsecured subordinated debentures.
Medical Facilities Corp. decided to discharge the trust indenture governing the debentures. The debentures will be terminated and no longer listed for trading on the Toronto Stock Exchange as of Dec. 31.
At that time, Medical Facilities Corp. will pay debenture holders the principal amount plus interest payments.