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Corporate Office Properties to redeem all 7.375% series L preferreds
By Tali Rackner
Minneapolis, May 11 – Corporate Office Properties Trust’s board of trustees called all 6.9 million shares of the company’s 7.375% series L cumulative preferred shares, according to a press release.
The preferreds will be redeemed at a price of $25.3687 per share, which includes accrued interest, on June 27.
Corporate Office Properties is a Columbia, Md.-based real estate investment trust.
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