Just Energy Group Inc. (“Just Energy” or the “Company”) announced that it has repurchased US$60,200,000 in aggregate principal amount of its 6.50 percent convertible bonds due July 2019 (the “Bonds”) through open market repurchases (the “OMR”).

The OMR was funded through the financing announced by the Company on September 12, 2018. All Bonds repurchased pursuant to the OMR have been submitted for cancellation. Holders located in or resident in Canada were required to provide a signed confirmation and consent in the form approved by the Ontario Securities Commission in order for the Company to repurchase their Bonds.

The Company previously repurchased an aggregate principal amount of US$45,600,000 of the Bonds as announced on September 19, 2018. As of February 21, 2019, Bonds having an aggregate principal amount of US$44,200,000 remain outstanding. The Company may purchase further Bonds as and when, and in the manner, deemed appropriate by the Company.

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Finance   Just Energy  

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