Mullen Group Ltd. Announces the Completion of the Redemption of its 5.75% Convertible Unsecured Subordinated Debentures due November 30, 2026
Globenewswire·2025-12-02 00:19

Core Points - Mullen Group Ltd. has completed the redemption of its 5.75% convertible unsecured subordinated debentures due November 30, 2026 on December 1, 2025 [1] - A total of $117,899,000 of the debentures were converted into common shares prior to the redemption date [2] - The company redeemed debentures in the principal amount of $7,101,000, and these debentures have been delisted from the Toronto Stock Exchange [3] Company Overview - Mullen Group is a public company with a significant presence in the transportation and logistics industries, boasting one of the largest portfolios of logistics companies in North America [4] - The company offers a wide range of services including less-than-truckload, customs brokerage, truckload, warehousing, logistics, transload, oversized, third-party logistics, and specialized hauling transportation [4] - Mullen Group also provides specialized services related to energy, mining, forestry, and construction industries in western Canada, including water management, fluid hauling, and environmental reclamation [4]