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

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

Comment by pennydredfulon Jan 22, 2023 2:37pm
152 Views
Post# 35238642

RE:RE:RE:ARMOYAN BUYS DEBENTURES KEEPS

RE:RE:RE:ARMOYAN BUYS DEBENTURES KEEPS LIkely G.A.  intents   to  force   SOT    to   pay   more   for   these  debs.   by   extracting  more  favourable   terms  .  All   he  needs   33%   to  block it   ,  including   his bonds   .   SLAMs   choices    are   issue    units  for  the bonds  at   a  5%   discount  or   somehow   could  up  with the cash  selling a property  and/ or  borrowing   from   a  "loan shark"   or  filing   for   involintary   receivership  or reaching  agreement  with  G.A.   on the extension  terms.     You  must  have  heard of the game called   CHICKEN   .   This    is   it.       It    is   possible    there  is   a 30  day   grace  period   after  the maturity   that   would   allow   SLAM   to  further   address  the issue   in the case   of a  stalemate. 
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