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Southern Energy Corp. Announces Payment of Interest In-Kind to its 8% Convertible Unsecured Subordinated Debentures

Southern Energy Corp. Announces Payment of Interest In-Kind to its 8% Convertible Unsecured Subordinated Debentures Southern Energy Corp. announces that the Company has issued 3,901,775 common shares of Southern to holders of its 8% convertible unsecured subordinated debentures issued on June 14, 2019 and January 15, 2021 as payment in kind of accrued interest on the Debentures due on June 30, 2021 in the aggregate amount of $335,560.00 . The number of Common Shares issued is equal to the amoun...
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