Ravelin Properties REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.RPR.DB

RE:RE:Surprised here

[Northforce13]

You bring up a very important point for anyone thinking about buying or selling.   The debs have $3-$4 of imbedded interest in them currently, depending on the series, int rate and int payment date.   

I am pretty sure (95%+) the interest continues to accrue and is paid on purchase/sales.   

I seem to recall a similar situation long ago in which the debentures I was invested in began to trade on a net without interest basis, but if I recall, that was after some type of debenture holder vote +/-.  Might have been Lakeview.