TSXV:LRT.UN - Post by User
Comment by
alkhoron Jan 23, 2022 10:30am
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Post# 34349700
RE:Unsecured to Secured debentures in 2011
RE:Unsecured to Secured debentures in 2011Strange the maturity date of the debentures was extended to 2014 and then again to 2018 but I have found nothing which extended the maturity past June 30th, 2018. If the debentures are no longer subordinate to the Shelter loan, why are they not making the same proposal to both and get rid of all loans except mortgages? This is probaby the hold up as some major debenture holder is insisting on it and of course Arnie doesn't want it, although it would mean he would end up with 80% of the units.