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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 6/12/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Alesco to redeem remaining $100,000 of 7.625% convertible senior notes

By Tali David

Minneapolis, June 12 - Alesco Financial Inc. plans to redeem the remaining $100,000 of its 7.625% convertible senior notes, according to a redemption notice.

The bonds, which are due May 15, 2027, will be redeemed at par plus accrued interest on July 5.

U.S. Bank NA is the agent.

Alesco is a specialty finance real estate investment trust based in Philadelphia.


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