MISSISSAUGA, ON, April 4, 2018 /CNW/ – Morguard Corporation (“Morguard”) (TSX: MRC) announced today that it has acquired 549,895 common shares (the “Common Shares”) of Temple Hotels Inc. (TSX: TPH) (“Temple”) through the facilities of the Toronto Stock Exchange and/or alternative Canadian trading systems on March 27, 2018 at a price of $2.65 per Common Share…. [Read More]
Temple Hotels Inc. Announces Normal Course Issuer Bid
MISSISSAUGA, ON, March 8, 2018 /CNW/ – Temple Hotels Inc. (TSX:TPH) (“Temple“) today announced that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid (“NCIB”) through the facilities of the TSX and/or alternative Canadian trading systems. The notice provides that Temple may, during the twelve month period commencing… [Read More]
Temple Announces New $35 Million Credit Facility
MISSISSAUGA, ON, Feb. 23, 2018 /CNW/ – Temple Hotels Inc. (TSX:TPH) (“Temple“) announced today that it has agreed terms to enter into a new credit facility with Morguard Corporation (“Morguard”) in the amount of $35 million (“Credit Facility B”). The credit facility is for a term of three years and bears interest at the rate… [Read More]
Temple Hotels Inc. Reports 2017 Financial Results
MISSISSAUGA, ON, Feb. 21, 2018 /CNW/ – Temple Hotels Inc. (“Temple” or the “Company”) (TSX: TPH) today reported its financial results for the year ended December 31, 2017. The following comments in regard to the financial position and operating results of Temple should be read in conjunction with Management’s Discussion & Analysis and the financial… [Read More]
Temple Hotels Inc. Reports 2017 Third Quarter Financial Results
MISSISSAUGA, ON, Nov. 9, 2017 /CNW/ – Temple Hotels Inc. (“Temple” or the “Company”) (TSX: TPH) today reported its financial results for the three months ended September 30, 2017 (“third quarter”). The following comments in regard to the financial position and operating results of Temple should be read in conjunction with Management’s Discussion & Analysis… [Read More]
Temple Hotels Announces Sale of Property in Sherwood Park, AB, as Company Continues to Execute Strategic Business Plan
MISSISSAUGA, ON, Sept. 28, 2017 /CNW/ – Temple Hotels Inc. (“Temple” or “the Company”) (TSX: TPH) announced today that the Company has completed the sale of the Holiday Inn Express Hotel & Suites in Sherwood Park, a suburb of Edmonton, AB. The disposition was completed for $9.6 million, excluding taxes and transaction costs. “This divestiture… [Read More]
Temple Announces Adjournment of Meeting of Series E Debentureholders
MISSISSAUGA, ON, Sept. 21, 2017 /CNW/ – Temple Hotels Inc. (TSX:TPH) (“Temple“) announced today that the meeting (the “Meeting“) of the holders (the “Debentureholders”) of its 7.25% series E convertible unsecured subordinated debentures due September 30, 2017 (TPH.DB.E) (the “Debentures“) that began earlier today in connection with the proposed amendments to the Debentures has been… [Read More]
Temple Announces Adjournment of Meeting of Series E Debentureholders and Provides Enhanced Terms to the Proposed Amendments of the Series E Debentures
MISSISSAUGA, ON, Sept. 19, 2017 /CNW/ – Temple Hotels Inc. (TSX:TPH) (“Temple“) announced today that the meeting (the “Meeting“) of the holders (the “Debentureholders”) of its 7.25% series E convertible unsecured subordinated debentures due September 30, 2017 (TPH.DB.E) (the “Debentures“) to consider certain amendments to the terms of the Debentures will be called as scheduled… [Read More]
Temple Announces Proposal to Amend the Terms of its 7.25% Series E Convertible Redeemable Unsecured Subordinated Debentures Due September 30, 2017
MISSISSAUGA, ON, Aug. 18, 2017 /CNW/ – Temple Hotels Inc. (TSX:TPH) (“Temple” or the “Company“) announced today that it will seek approval from holders of its 7.25% series E convertible redeemable unsecured subordinated debentures due September 30, 2017 (TPH.DB.E) (the “Debentures“) to amend the terms of the Debentures at a meeting of the holders of… [Read More]
Temple Hotels Inc. Reports 2017 Second Quarter Financial Results
MISSISSAUGA, ON, Aug. 8, 2017 /CNW/ – Temple Hotels Inc. (“Temple” or the “Company”) (TSX: TPH) today reported its financial results for the three months ended June 30, 2017 (“second quarter”). The following comments in regard to the financial position and operating results of Temple should be read in conjunction with Management’s Discussion & Analysis and… [Read More]
Temple Hotels Inc. Provides Debt Update
MISSISSAUGA, ON, July 5, 2017 /CNW/ – Temple Hotels Inc. (TSX:TPH) (“Temple”) announced today that its Series D 7.75% convertible debentures were repaid in full with accrued interest at their June 30, 2017 maturity date. The principal balance outstanding of the Series D convertible debentures at maturity was $34.3 million. Temple is also announcing a… [Read More]
Temple Hotels Inc. Announces Completion of Share Consolidation
MISSISSAUGA, ON, June 19, 2017 /CNW/ – Temple Hotels Inc. (“Temple” or the “Company”) (TSX: TPH) is pleased to announce that, further to the approval by the Company’s shareholders obtained on May 8, 2017, the Company has completed the consolidation of its issued and outstanding common shares on the basis of one post-consolidation common share for… [Read More]