Crombie REIT to partially redeem 3.962% series B notes due 2021

By Taylor Fox

New York, Oct. 6 – Crombie Real Estate Investment Trust plans to partially redeem C$100 million of its 3.962% series B senior unsecured notes due June 1, 2021 on Oct. 21, according to a news release.

The notes will be redeemed at C$1,020.25 per C$1,000 of principal amount plus interest of C$15.4138082. The total redemption price of the partial series B notes will be C$102,025,000, plus interest of C$1,541,380.82.

Crombie Real Estate Investment Trust is a New Glasgow, N.S.-based real estate investment trust that owns a portfolio of 280 commercial properties in Canada.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.