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Prospect News home > News index > List of issuers N > Headlines for NorthStar Realty Finance Corp. > News item
Published on 5/7/2009 in the Prospect News Convertibles Daily.

NorthStar Realty Finance buys back $61 million of 7.25% exchangeables during quarter

By Jennifer Chiou

New York, May 7 - NorthStar Realty Finance Corp. repurchased about $61 million of its 7.25% exchangeable senior notes for a total of $25.8 million during the three months ended March 31, according to a 10-Q filing with the Securities and Exchange Commission.

The company said it recorded a realized gain of $34.4 million in connection with the repurchase.

NorthStar is a New York-based real estate investment trust.


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