11 February 2014
Chorus Aviation Inc. (TSX: CHR.B) (TSX: CHR.A) (TSX: CHR.DB) said it has completed the early redemption of CDN60m of its convertible unsecured subordinated debentures that were due to mature on December 31, 2014.
Debentures of an aggregate principal amount of CDN20.21million remain outstanding following the redemption.
Chorus was incorporated on September 27, 2010 and is a dividend-paying holding company which owns Jazz Aviation LP and a number of other companies involved in aviation related businesses.
Jazz Aviation LP has a strong history in Canadian aviation with its roots going back to the 1930s. Jazz is wholly owned by Chorus Aviation Inc. and continues to generate some of the strongest operational and financial results in the North American aviation industry. For more information, visit www.flyjazz.ca.