The Toronto Stock Exchange reports that Innergex Renewable Energy Inc.'s 4.75 per cent convertible unsecured subordinated debentures (symbol INE.DB.B) will be halted at the open and delisted at the close on June 30, 2025. According to the TSX, the debentures will mature on June 30, 2025, and the company will pay $1,023.75 per $1,000 principal amount of debentures, representing $1,000 principal amount and $23.75 for accrued and unpaid interest thereon to, but excluding, the maturity date. As the debentures are in the CDS book-entry-only system, debentureholders need not take any action to receive the payment price on maturity.

The TSX notes that the debentures are convertible into common shares of the company, at the option of the holder, at any time before 5 p.m. Montreal time on the business day immediately preceding the maturity date, at $20 per share. This conversion price represents a conversion rate of approximately 50 shares per $1,000 principal amount of debentures. Buyers of debentures who wish to exercise their conversion right should make their purchases sufficiently in advance of the deadline indicated in the relevant CDS bulletin, allowing for adequate time for settlement. Trades on June 27, 2025, will settle on June 27, 2025.

For more information, see the company's news release dated June 12, 2025.