Brookfield Office Properties Inc T.BPO.PR.A

Alternate Symbol(s): BRPPF | BOPPF | T.BPO.PR.C | BKAAF | T.BPO.PR.N | BRKFF | T.BPO.PR.P | BROAF | T.BPO.PR.R | T.BPO.PR.T | T.BPS.PR.U | BRPYF | T.BPO.PR.W | T.BPO.PR.Y | T.BPO.PR.X | BKEEF | T.BPO.PR.E | BROPF | T.BPO.PR.G | BKOFF | T.BPO.PR.I

Brookfield Office Properties Inc. is a global office property company. The Company owns, manages, and develops premier assets in the resilient markets. The Company's signature properties define the skylines of dynamic cities around the globe, including New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, London, Berlin, Sydney and Perth. From Brookfield Places in New York City, Toronto and Perth to Bankers Hall in Calgary and Bank of America Plaza in Los Angeles, its distinguished portfolio attracts financial, energy, government and professional service organizations which have high credit ratings and maintain long-term leases.

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Brookfield Office Properties Inc > Sure Glad These Are RESET Preferreds. 2+ years of rapid

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Comment by stopedouton Aug 01, 2023 8:26pm

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Post# 35567988

RE:Sure Glad These Are RESET Preferreds. 2+ years of rapid

I think the reason is that Brookfield likely kept a subsidiary called Brookfield Office within the BPY company and if it gets into trouble, they walk from it and declare bankruptsy of BPO, with the preferreds inlcuded in that company. The BPY continues on as it was. That is why I only have a small pref position in BPO from what was a large position. If you can confirm otherwise, that the BPO prefs sit above the BPY common, let me know amd I would considering buying back.

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