Slate Grocery REIT T.SGR

Primary Symbol: T.SGR.UN Alternate Symbol(s): SRRTF

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Slate Grocery REIT (the REIT) is a Canada-based open-ended mutual fund trust. The REIT focuses on acquiring, owning, and leasing a portfolio of grocery-anchored real estate properties (the properties) in the United States of America (the U.S.). Its objectives are to provide unitholders with stable cash distributions from a portfolio of grocery-anchored real estate properties in the United States. The REIT owns and operates real estate infrastructure across U.S. metro markets. The Company's properties include Centerplace of Greeley, River Run, Sheridan Square, Flamingo Falls, Northlake Commons, Countryside Shoppes, Creekwood Crossing, Skyview Plaza, Riverstone Plaza, Fayetteville Pavilion, Clayton Corners, Apple Blossom Corners, Hillard Rome Commons and Riverdale Shops, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.

TSX:SGR.UN - Post by User

Slate Grocery REIT

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Comment by WinstonSmithon Mar 12, 2014 10:02am

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Post# 22312690

RE:RE:RE:RE:RE:San Gold Corp

PruneFace wrote: What is important to note is that both the yield at 16% vs 11% and the effective conversion rate 25 cents vs 28 cents is better than the new note. The difference is the old deb is not secured while the new one is.

Here is the real numbers on SGR.DB:

Please note if you buy today at 50 cents on the dollar and are redeemed in 2018 at the maturity date... the bond will yield 30% and retain any conversion benefits as an added pop.

The only downside is the company goes into receivership and is unable to payout in 2018.... but if you beleive that you have no business here anyway.