Algoma Central Files Final Prospectus for $70M Convertible Debentures

The company filed a final prospectus for $70.0M of 6.20% convertible unsecured subordinated debentures, with a $10.5M over-allotment option. A concurrent $20.0M private placement to E—L is expected to close on or about Nov. 4, 2026, subject to approvals.