E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item
Published on 10/22/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

RAIT extinguishes $28.3 million of 6.875% convertible senior notes

By Marisa Wong

Madison, Wis., Oct. 22 - RAIT Financial Trust said that it repurchased and canceled $28.3 million of its outstanding 6.875% convertible senior notes for the three months ended Sept. 30.

As of Sept. 30, $143.5 million of the 6.875% convertibles remains outstanding.

RAIT is a Philadelphia-based real estate investment trust that provides debt financing to the real estate industry.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.