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Published on 10/14/2016 in the Prospect News Convertibles Daily.

NorthStar Realty Europe to settle 4.625% notes in cash at maturity

By Angela McDaniels

Tacoma, Wash., Oct. 14 – NorthStar Realty Europe Corp. determined that it will settle its 4.625% senior stock-settlable notes in cash at maturity, according to an 8-K filing with the Securities and Exchange Commission.

The notes mature on Dec. 15, 2016, and there is $68 million of principal balance outstanding.

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


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