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

Alternate Symbol(s):  SLTTF | T.RPR.UN | T.RPR.DB.A | T.RPR.DB.B

Real Estate REIT - Diversified


TSX:RPR.DB - Post by User

Ravelin Properties REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 > Be careful
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Comment by rad10on Sep 03, 2024 5:46am
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Post# 36205660

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Be careful

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Be careful

HRc60to65 wrote: Personnaly, I do not think the interest on the bonds will be paid before December 2025.  

The interest will be paid one day in cash or in sot.un.

In BK case bonds wil get 80% of the new common shares and lenders 20% or less + 100% secured loans

 

That's why G2S2. time limited the 65% debt to equity easement........ ithe easement expires December 2025.

Its my first rodeo lol.  So thankful to have Private equity visionaries point things out.....

 

 

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