Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB

Alternate Symbol(s): SLTTF | T.SOT.DB.A | T.SOT.DB.B | T.SOT.UN

Slate Office REIT (the REIT) is a Canada-based global owner and operator of workplace real estate. The REIT is an unincorporated, open-ended real estate investment trust. The REIT owns interests in and operates a portfolio of real estate assets in North America and Europe. The REIT's portfolio is primarily comprised of government and credit tenants. The REIT's portfolio consists of approximately 54 commercial properties located in Canada, the United States and Ireland. The REIT's Canada operations include Atlantic, Ontario and Western. The REIT is externally managed and operated by Slate Management ULC.

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Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 > Looks like stockholders are getting screwed again

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Comment by pjn0987654321on Dec 21, 2022 9:23am

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RE:Looks like stockholders are getting screwed again

It could be with all the interest rate hikes that 9% for a debenture is not so extreme. I haven't seen a new debenture issue in a while. Some companies are faced with maturities though.

The old conversion price was at $10.53. There was not much worry of them converting into stock but it goes to show how SLAM has destroyed unitholder value.

Yes, the March 31st meeting can't come fast enough.

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