Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB.B

Primary Symbol: T.SOT.DB Alternate Symbol(s): SLTTF | T.SOT.UN | T.SOT.DB.A

Slate Office REIT (the REIT) is a Canada-based global owner and operator of workplace real estate. The REIT is an unincorporated, open-ended real estate investment trust. The REIT owns interests in and operates a portfolio of real estate assets in North America and Europe. The REIT's portfolio is primarily comprised of government and credit tenants. The REIT's portfolio consists of approximately 54 commercial properties located in Canada, the United States and Ireland. The REIT's Canada operations include Atlantic, Ontario and Western. The REIT is externally managed and operated by Slate Management ULC.

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Slate Office 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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RE:sot_-_q3_2024_financial_statements_vsedar Note 28

The 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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