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


Primary Symbol: T.RPR.DB Alternate Symbol(s):  SLTTF | T.RPR.UN | 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 > sot_-_q3_2024_financial_statements_vsedar Note 28
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Comment by Tree2treeon Nov 10, 2024 9:00am
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Post# 36305172

RE:sot_-_q3_2024_financial_statements_vsedar Note 28

RE:sot_-_q3_2024_financial_statements_vsedar Note 28The pressure from lenders is not a bad thing if it speeds up action by the board.  We debenture holders are also lenders, and we want to get paid too.  I hope some of those buying debentures lately are entities who know how to defend their interest with the board.
 
About that default event, if it is on a specific property, then the lender's recourse might be limited to forcing the sale of that particular property.

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