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Prospect News home > News index > List of issuers Tenders > Headlines for 2015 > News item
Published on 1/13/2015 in the Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Lanesborough REIT calls all C$6 million of 9% second mortgage bonds

By Tali Rackner

Norfolk, Va., Jan. 13 – Lanesborough Real Estate Investment Trust called all C$6 million of its outstanding 9% second mortgage bonds due Dec. 24, 2015, according to a press release.

The 16,000 bonds (C$375 per bond) will be redeemed at 101 plus accrued interest on Feb. 12. The total redemption price will be C$385.60 per bond.

BNY Trust Co. of Canada is the bond trustee.

Lanesborough is a REIT based in Winnipeg, Man.


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