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


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



TSX:RPR.DB - Post by User

Comment by HRc60to65on Dec 24, 2024 2:53pm
176 Views
Post# 36376784

RE:RE:RE:RE:RE:Ok so it's one step at a time

RE:RE:RE:RE:RE:Ok so it's one step at a timeThe 2M$ will be in pre-paid expenses.  I do not think interest on the debenture will be paid Dec 31.  The default is not cured.

Also we have more cash in hands that we need.  The last november sale of 50M$ bring some cash

"Slate Office REIT owned a 75 per cent share of Woodbine Corporate Centre and received $39 million for the property, according to information released with its Q3 financial results on Nov. 7.

A $45.3 million mortgage on the Woodbine Corporate Centre had been refinanced with a two-year, $50-million mortgage in August 2023."

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