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Mack-Cali announces full redemption of 6.15% and 5.82% notes
By Ashley Montgomery
Kansas City, Kan., April 25 - Mack-Cali Realty LP will redeem all $94,914,000 of its 6.15% notes due Dec. 15, 2012 and all $26,105,000 of its 5.82% notes due March 15, 2013, according to a news release.
The redemption date is May 25.
The 6.15% notes will be redeemed at 103.191672 and the 5.82% notes will be redeemed at 103.868592, both plus accrued interest to the redemption date.
Mack-Cali is an Edison, N.J.-based office space and property management company.
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