The Toronto Stock Exchange reports that Accord Financial Corp.'s 10.0 per cent convertible unsecured subordinated debentures (ACD.DB) have been halted, effective Dec. 15, 2025, to reflect the fact that all trades in the debentures will commence trading at the opening on Dec. 16, 2025, on an interest-flat basis until further notice.

According to the TSX, holders of debentures will be asked to approve amendments to certain terms of the debentures at a special meeting to be held on Jan. 27, 2026. The amendments include increasing the interest rate to 12 per cent commencing Jan. 31, 2026, and extending maturity to July 31, 2026. The company will defer payment of interest due on the debentures on the upcoming Dec. 31, 2025, interest payment date. The deferred interest will be paid on the new July 31, 2026, maturity date, if the debenture amendments are approved.

The TSX will not report accrued interest regarding any trades made on an interest-flat basis to participating organizations. For more information, see the company's news release dated Dec. 15, 2025.