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Subsequent Events
3 Months Ended
Jun. 30, 2012
Subsequent Events  
Subsequent Events

19. Subsequent Events

 

Canadian term loan. On July 30, 2012, we completed funding on a $250 million Canadian denominated unsecured term loan (approximately $249 million USD at exchange rates on that day). The loan is coterminous with the company's USD $2.0 billion unsecured revolving credit facility and matures July 27, 2015 with an option to extend for an additional year at the company's discretion.

 

Convertible note redemptions. As of July 17, 2012, we received notices of conversion from holders of $167.6 million of our 4.75% convertible senior notes due 2027. Conversion into common shares will be completed on or before August 20, 2012. The remaining $524 thousand of these notes were repurchased or redeemed on or before July 17, 2012.