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First Union Real Estate files $400 million shelf
By Ted A. Knutson
Washington, June 21 - First Union Real Estate Equity and Mortgage Investments filed a $400 million shelf in an S-3 registration with the Securities and Exchange Commission.
The shelf allows the company to issue common and preferred shares of beneficial interest, debt securities and convertibles.
The Boston-based real estate investment trust said offerings authorized by the shelf would be used for general corporate purposes.
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