Series A Priority 9% Bonus Debentures:
These Debentures have a par value of $1,000 per unit and the minimum purchase is 25 units or $25,000. Any number of additional units may be purchased and there is no maximum purchase limit.
The Series A Debentures pay annual interest of 7% on a quarterly basis plus a 2% annual Non-Redemption bonus on each anniversary of the investment. The 2% Non-Redemption bonus will not be paid for partial years.
Investment amounts of $150,000 or more will receive annual interest of 9% on a quarterly basis with the same annual bonus provisions, totaling 11% annually.
Series A Debentures are redeemable at the option of the investor on 30 days written notice to Alberta Builders Capital.
This investment is RRSP / RIF / TFSA / LIRA eligible.
Investors in Series A Debentures will be secured in 1st position on title to the lot inventory at a maximum 85% loan-to-value ratio. The loan-to-value security limit is strictly maintained through:
1. Monthly reconciliation by ABC management,
2. Quarterly Mark-to-Asset reporting for distribution to debentureholders upon request, and
3. Annual independent audit.
The issuer of these debentures, Alberta Builders Capital Inc., is subject to governance and oversight by a Board of Directors which includes UBG executives and independent directors.