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

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

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.

TSX:SOT.DB - Post by User

Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 > Interest coverage ratio dropping

<< Previous

Bullboard Posts

Next >>

Comment by Northforce13on May 04, 2024 3:33pm

72 Views

Post# 36023456

RE:RE:RE:RE:RE:Interest coverage ratio dropping

They aren't selling at 30% of IFRS value, the CC is misinterpreted.

Either it means something else, or it means IFRS less 30%. The latter might be possible.

If taking into consideration my prior statements on these boards speculating that the true value of their properties might be lower than stated book, due to Slate getting a % of GBV and being motivated to inflate the values.

<< Previous

Bullboard Posts

Next >>

Drilling company poised to capitalize on market conditions