BRE Properties to redeem all of its 4.125% convertible notes due 2026

By Ashley Montgomery

Kansas City, Kan., Jan. 20 - BRE Properties, Inc. will redeem all of its outstanding 4.125% convertible senior notes due 2026 on Feb. 21, according to a company news release.

The notes will be redeemed at par plus accrued interest up to the redemption date.

Notes may be converted until the close of business on the third business day preceding the redemption date.

The Bank of New York Mellon Trust Co., NA is the paying agent.

BRE Properties is a San Francisco-based real estate investment trust that owns and manages apartment communities.

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