Brookfield Office calls C$287.5 million class AAA series L preferreds

By Tali Rackner

Norfolk, Va., Sept. 3 – Brookfield Office Properties Inc. intends redeem all 11.5 million of its outstanding class AAA preference shares, series L on Sept. 30, according to a press release.

The preferreds will be redeemed at C$25 per share. Shareholders on the record date of Sept. 15 will receive the regular quarterly dividend of C$0.42188 per share.

The preferreds are beneficially held by CDS & Co., as nominee of CDS Clearing and Depositary Services Inc.

Brookfield is a commercial real estate company with corporate offices in New York, Toronto and Sydney, Australia.

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