Retrocom REIT to redeem 6.75% convertible subordinated bonds June 3

By Marisa Wong

Madison, Wis., May 1 – Retrocom Real Estate Investment Trust said it will redeem on June 3 all of its 6.75% convertible subordinated debentures due July 31, 2015.

The redemption price will be par plus accrued interest of $22.75 per $1,000 principal amount to the redemption date.

Retrocom is a Toronto-based open-end real estate investment trust that focuses on owning and acquiring retail properties across Canada.

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