trending Market Intelligence /marketintelligence/en/news-insights/trending/AdFsXxiukDBRwgFy9zulRQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

United American announces debt conversion related to TNW deal

Entertainment Promos Take Center Stage Amid Coronavirus Lockdowns

Gauging Supply Chain Risk In Volatile Times

Internet Traffic Spikes By One Third In March

Medical IoT Technology in US Hospitals Helps to Reduce Costs and Improve Care

United American announces debt conversion related to TNW deal

United American Corp Inc. said a majority of TNW Wireless Inc.'s debt assumed as part of its acquisition of the Canadian wireless operator will be converted into equity in United American.

The transaction will convert a C$2.1 million promissory note held by RuralCom Capital Corp. in addition to accrued interest into common shares of United American at a conversion rate of 15 U.S. cents per share for a total issuance to RuralCom Capital of 11,500,000 shares, according to March 25 news release.

The remaining US$400,000 promissory note, due in December, is held by a private Canadian equity firm.