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Published on 8/21/2013 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

FirstService to redeem all $76.97 million of its 6.5% convertibles

By Tali David

Minneapolis, Aug. 21 - FirstService Corp. plans to redeem all $76,972,000 of its 6.5% convertible unsecured subordinated debentures, according to a news release.

The notes will be redeemed at par plus accrued interest on Sept. 24.

Equity Financial Trust Co. is the trustee.

Toronto-based FirstService is a global property manager for residential and commercial properties.


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