Important Links

Debentures & Debt

Bank Debt

  • Covenant based, fully secured, C$1.0 billion facility; 10 banks in syndicate
  • Amended and Extended October 2013 
  • Matures April 30, 2017 

6 7/8% US Senior Notes

  • US$282.5 million principal amount of 6 7/8% unsecured Senior Notes
  • Mature on October 1, 2017 
  • Interest payments occur semi-annually on April 1 and October 1
  • The Notes are redeemable at a price equal to 100% of the principal amount of the Notes being redeemed, plus a make-whole redemption premium

Intercompany loan

  • As at December 31, 2015, related party loans comprised of US$170 million from ANKOR, CAD$200 million and US$120 million from KNOC
  • Subordinated debt; the related party loans are unsecured and the loan agreements contain no restrictive covenants. Interest is due upon the maturity of the loans

2 1/8%  US sENIOR nOTES

  • US$630 million principal amount of 2 1/8% unsecured Senior Notes
  • Mature on May 14, 2018
  • Interest payments occur semi-annually on November 14 and May 14
  • Irrevocably and unconditionally guaranteed by KNOC

2 1/3%  US sENIOR nOTES

  • US$195.8 million principal amount of 2 1/3% unsecured Senior Notes
  • Mature on April 14, 2021
  • Interest payments occur semi-annually on April 14 and October 14
  • Irrevocably and unconditionally guaranteed by KNOC

 

11

TSX: HTE.DB.E - REDEEMED APRIL 15, 2013. NO LONGER TRADED.

Interest: 

7.25% (payable semi-annually on March 31 and September 30, commencing on March 31, 2007)

Conversion price: 

$32.20

Maturity:

September 30, 2013

Full details:

Final prospectus dated November 14, 2006 and filed on SEDAR

 

Now redeemable at par

TSX: HTE.DB.F - REDEEMED APRIL 2, 2013. NO LONGER TRADED.

Interest: 

7.25% (payable semi-annually on February 28 and August 31, commencing on August 31, 2007)

Conversion price: 

$27.25

Maturity:

February 28, 2014

Full details:

Final prospectus dated January 25, 2007 and filed on SEDAR

 

Now redeemable at par

 

TSX: HTE.DB.G - REDEEMED JUNE 13, 2013. NO LONGER TRADED.

Interest: 

7.50% (payable semi-annually on May 31 and November 30, commencing on November 30, 2008)

Conversion price: 

$27.40

Maturity:

May 31, 2015

Full details:

Final prospectus dated April 11, 2008 and filed on SEDAR