Calloway REIT calls all C$100 million of its 5.1% series E debentures

By Tali Rackner

Norfolk, Va., Feb. 7 - Calloway Real Estate Investment Trust plans to redeem all C$100 million of its 5.1% series E senior debentures due June 4, 2015, according to a notice.

The debentures will be redeemed at C$1,042.74 plus accrued interest of C$13.41 per C$1,000 principal amount on March 10.

The total redemption price will be C$105,615,370.

Vaughan, Ont.-based Calloway leases buildings to retailers.

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