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Thompson Creek Metals Co., Tangible Equity Units TMEDS
Ticker Symbol: TCMCF*     CUSIP: 884768300     Exchange: OTOTC
Security Type:   Mandatory Convertible Security
* NOTE: This security is no longer trading as of 5/15/2015

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Thompson Creek Metals Co., Tangible Equity Units (tMEDS), stated amount $25 per unit, initially consisting of units which include a prepaid stock purchase contract and a 6.50% senior amortizing note due 5/15/2015 with a principal amount of $4.075312. The stock purchase contract will automatically settle for a variable number of shares of Thompson Creek Metals Co. (NYSE: TC) common stock on 5/15/2015. The stock purchase settlement rate will be 4.5855 shares per unit if the then current market price is equal to or greater than $5.45 and 5.3879 shares per unit if the market price is equal to or less than $4.64. For market prices between those values the settlement rate will be $25 divided by the market value. Prior to the IPO of this security, the last reported sale price of the common stock on 5/4/2012 was $5.53 per share. At any time prior to the third scheduled trading day immediately preceding May 15, 2015, you may settle any or all of your purchase contracts early for: (i) if you settle purchase contracts prior to November 10, 2012, 4.3562 and (ii) if you settle purchase contracts commencing on November 11, 2012, 4.5855. At the holders option, each tMEDS may be separated into its constituent purchase contract and amortizing note, and the separate components may later be combined to recreate a tMEDS. The senior amortizing note will pay quarterly distributions of 6.50% ($0.406250) per quarter (except for the August 15, 2012 installment payment, which will be $0.424306) on 2/15, 5/15, 8/15 & 11/15 to holders of record on the record date which is 15 calendar days prior to the payment date (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Distributions paid by these securities are derived from interest paid on the underlying debt securities and therefore are NOT eligible for the 15% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. The senior amortizing notes are unsecured and rank equally with the company's other unsecured senior indebtedness. See the IPO prospectus for extensive additional information on the tMEDS tangible equity units and their mandatory purchase provisions by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Conversion
Shares@Price
Distribution Dates 15%
Tax Rate
OTOTCn
OTOTCps
6.50%
$1.625
$25.00
n.a.
5/15/2015
5/15/2015
Caa1 CCC
10/02/2014
4.5855@$5.45+
5.3879@$4.64-
2/15, 5/15, 8/15 & 11/15
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (TCPTF)

IPO - 5/8/2012 - 8.80 Million Units @ $25.00/unit.    Link to IPO Prospectus
Previous Ticker Symbol: TC-T    Changed: 7/22/2014
Market Value $220.0 Million

Company's Online Information Links
HOME PAGE:     http://www.thompsoncreekmetals.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online Government Filings Links
Company's SEC EDGAR Filings Go to SEC Filings
Company's Canadian SEDAR Filings Go to SEDAR Plus Filings

Company's Email Address Links
Inv Rel Email Address psolly@tcrk.com
General Email Address info@tcrk.com
Email Request Form on Website Go to Email Form

Address and Phone Numbers
Address:   26 West Dry Creek Circle, Suite 810, Littleton, CO 80120
Main Phone Number 303-762-8801
Fax Number 303-761-7420
Investor Relations   Pamela Solly 303-762-3526
Toll Free Phone Number 800-827-0992
CEO - Jacques Perron CFO - Pamela L. Saxton

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