Global Alumina delays issuance of $50M convertible debenture

Dec 30, 2005 | 11:53 AM | Rory Carroll

Global Alumina Corp. is delaying the issuance of a $50-million, 10-percent convertible debenture until Jan. 30 or as late in the first quarter as the Toronto Stock Exchange will allow.

"Global Alumina is delaying the issuance of the convertible debenture, and thereby saving interest payments, until the proceeds are required," Michael Cella, senior vice president and chief financial officer, said....

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