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

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

Real Estate REIT - Diversified

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.

TSX:SOT.DB - Post by User

Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 > Reading the tea leaves...

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Comment by TVRon Dec 10, 2024 1:00pm

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Post# 36354930

RE:Reading the tea leaves...

What is now looking increasingly likely is that both the units and debentures could stop trading before the end of December unless there is a further exension of the delisting review that does not seem very likely. It is now only 2 weeks until the end of the current extension. Will there be news and action in the next 2 weeks? So far this has been dragging along for months with no restructuring proposal put on the table. Could be wrong but if the units are delisted and there is no trading value that makes it very difficult to issue new equity outside going private.

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