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Morguard Real Estate Investment 5 25 convertible unsecured subordinated debentures T.MRT.DB.A

Alternate Symbol(s):  MGRUF | T.MRT.UN

Morguard Real Estate Investment Trust is a Canada-based closed-end real estate investment trust. The Company provides real estate advisory services and portfolio management services, specializing in publicly traded equities and fixed-income securities, to institutional clients and private investors. The Company owns a diversified portfolio of 46 retail, office and industrial income-producing properties in Canada consisting of approximately 8.2 million square feet of leasable space. It owns and manages a diversified portfolio of office, industrial, retail, multi-suite residential and hotel properties in North America. It is a significant sponsor of two real estate investment trusts (REITs): Morguard REIT, a closed-end Trust with a diversified portfolio of Canadian commercial real estate assets; and Morguard North American Residential REIT, an open-end Trust with a diversified portfolio of multi-suite residential assets across North America.


TSX:MRT.DB.A - Post by User

Comment by HermannHalleron May 07, 2021 2:34pm
113 Views
Post# 33153829

RE:RE:SHORT POSITIONS as at May 5 is 2,170,709 shares

RE:RE:SHORT POSITIONS as at May 5 is 2,170,709 sharesI think MRT.UN getting a boost from the prospect of MRC doing a refinancing. Likely the MRT.DB get called.


Morguard Corporation Announces Filing of Final Base Shelf Prospectus


NEWS PROVIDED BY

Morguard Corporation 

May 07, 2021, 12:53 ET


MISSISSAUGA, ONMay 7, 2021 /CNW/ - Morguard Corporation ("Morguard"), (TSX: MRC) announced today that it has filed a (final) base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec. The base shelf prospectus is valid for a 25-month period, during which Morguard may offer common shares, preference shares, debt securities, warrants and units, or any combination thereof, having an aggregate offering price of up to $600 million. Any issue of securities under the base shelf prospectus will require the filing of a prospectus supplement that will include specific terms of the securities being offered.

This news release does not constitute an offer to sell securities, nor is it a solicitation of an offer to buy securities in any jurisdiction. This news release does not constitute an offer of securities for sale in the United States and the securities referred to in this news release may not be offered or sold in the United States absent a registration or an exemption from registration.



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