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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 rad10on Jan 25, 2023 5:41pm
153 Views
Post# 35246493

RE:RE:Can anyone articulate how this plays out

RE:RE:Can anyone articulate how this plays out

pennydredful wrote: .  The bond  extension will  pass.  After   some   spinning  wheels legal  wrangling  SLAM and GA  will  reach  an agreement   whereby    certain   SOT   assets   are   "sold"  to GA  in  exchange  for  his SOT position   and   other  considerations.  After  that  they will both go on their merry  way. Going forward  this  will  leave  SOT  a somewhat smaller entity but in a better financial position. This  will  take   about    6 months to evolve.   That is  my  fairy  tale  .  Anyone   with a better or  different one ?


 

nope - it's personal. He wants humiliation.  Also how does he unload his bonds in your scenario

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