Weingarten Realty Investors to redeem 8.1% notes at par on Sept. 15

By Angela McDaniels

Tacoma, Wash., July 25 – Weingarten Realty Investors will redeem all of its outstanding 8.1% notes due 2019 on Sept. 15, according to an 8-K filing with the Securities and Exchange Commission.

The redemption price is par plus accrued interest up to the redemption date.

The total redemption price is about $90 million. It will be funded through existing resources and may include any or a combination of cash on hand and borrowings under the company’s revolving credit facilities.

Weingarten is a real estate investment trust based in Houston.

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