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Published on 4/29/2010 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Colonial Properties buys back $8.7 million of notes in first quarter

By Susanna Moon

Chicago, April 29 - Colonial Properties Trust said it repurchased $8.7 million of unsecured notes under its note repurchase program for net gains of $28,000 in the first quarter ended March 31.

Colonial Properties is a real estate investment trust based in Birmingham, Ala., that focuses on multifamily properties.


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