04:22 PM EST, 02/03/2025 (MT Newswires) -- Chorus Aviation ( CHRRF ) said Monday afternoon it completed its purchase of the 6% convertible senior unsecured debentures (Series B) due June 30, 2026, and the 5.75% senior unsecured debentures (Series C) due June 30, 2027.

The company said it bought back about $43.77 million worth of Series B debentures and about $37.80 million of Series C debentures, reducing the total amount of each remaining. After the buyback, around roughly $28.73 million of Series B and about $47.20 million of Series C Debentures are still outstanding.

Chorus also retains the right to redeem any remaining Series B Debentures after June 30, and any remaining Series C Debentures after March 31, 2026, at their face value plus any unpaid interest, the company added.