American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

Alternate Symbol(s): AHOTF | T.HOT.UN

Real Estate REIT - Diversified

American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.

TSX:HOT.DB.V - Post by User

American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures > Ugh ... getting scr#wed again

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Comment by Jimmy713on Jan 29, 2021 6:53am

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Post# 32417935

RE:Ugh ... getting scr#wed again

Rakaposhi wrote: We're not going to see a dividend again here. The prefs will take all the money at the 8% rate and in due time the company will be sold or parceled out to other hotel operators. Over and done. Hugely under water on this one. Holder since 2015

One more point about the Divy/Interest:
The interest of 8% will be paid on 50,000 Preferred Stock only not the 20 millions. So, How much is the SP? We will see, but it can’t be much, right?

Just an example, let say the shares started to trade at say $5, then the interest will be 20k per year.

I am just trying to say the Interest have got nothing to do with future Divy Reinstatement Cool?

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