Brookfield Office Properties Inc T.BPO.PR.A

RE:Non-Recourse

[CrazyTrader]

Again, wrong.  From page 84 annual, I think it states 2% are non-recourse if I understand/read correctly.

"We generally believe that we will be able to either extend the maturity date, repay, or refinance the debt that is scheduled to mature in 2023 to 2024, however, approximately 2% of our debt obligations represent non-recourse mortgages where we have suspended contractual payment, and are currently engaging in modification or restructuring discussions with the respective creditors. We are generally seeking relief given the circumstances resulting from the current economic slowdown, and may or may not be successful with these negotiations. If we are unsuccessful, it is possible that certain properties securing these loans could be transferred to the lenders."