Mainstreet calls 7.25% convertibles

New York, Oct. 9 - Mainstreet Equity Corp. said it will redeem its C$17.834 million of convertible unsecured subordinated debentures due 2011 on Nov. 6.

The Calgary, Alta.-based residential real estate company will pay C$1,007.15 per C$1,000 principal amount, made up of the redemption price of C$17,961,513.10 plus accrued interest up to but excluding the redemption date.

© 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.