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Faircourt Split Trust to redeem C$5.08 million of its 6.25% preferreds
By Tali David
Minneapolis, July 6 - Faircourt Split Trust plans to redeem C$5,083,760 of its 6.25% preferred securities, according to a press release.
The preferreds will be redeemed at C$10.0342 for each C$10 principal amount plus accrued interest on July 20.
Faircourt Asset Management Inc., the manager of the trust, is based in Toronto.
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