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Published on 6/26/2013 in the Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Calloway REIT redeems all C$75 million of 7.95% series D debentures

By Tali David

Minneapolis, June 26 - Calloway Real Estate Investment Trust redeemed all C$75 million of its 7.95% series D senior unsecured debentures due June 30, 2014, according to a notice.

The debentures were redeemed at C$1,055.47 plus accrued interest of C$38.77 per C$1,000 principal amount on June 26.

The total redemption price was C$82,067,990.

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


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