$1,000 per Debenture represented by an Instalment Receipt, of which the first instalment (the “First Instalment”) of $333 is payable on the Closing of this Offering and the final instalment (the “Final Instalment”) of $667 is payable on or before the date (the “Final Instalment Date”) that is not less than 15 days and not more than 90 days following notification (the “Final Instalment Notice”) that the Approval Conditions (defined below) for the acquisition (the “Acquisition”) of The Empire District Electric Company (“Empire”) have been satisfied.
$5,000 of Debentures.
The Debentures will bear interest at a rate of 5.00 % per annum, payable quarterly. No interest shall accrue on any Debentures not converted following the Final Instalment Date.
Desjardins Securities Inc. uses the trade name "Desjardins Online Brokerage" for its discount brokerage activities. Discount brokerage products and services are consolidated under the trademark "Disnat". Desjardins Securities is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF).