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Bullboard - Stock Discussion Forum 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

TSX:RPR.DB - Post Discussion

Post by pennydredful on Jun 06, 2024 3:34pm

Debenture interest due June 30th

One   thing  funny  is   that   all  hell  would  break  loose  if  they  missed  the payment  to  the  unsecured ,   however   as   the  secured   are  individual  entities  they   can   negiotiate amended  terms   with   them   re  interest  and  re payment   requirements
Comment by pennylane101 on Jun 06, 2024 5:23pm
Why would this be funny?  Sorry, I don't get the humour.
Comment by pennylane101 on Jun 06, 2024 5:29pm
Okay, I get it.  If a payment is missed to the secured creditors, negotiations can resolve things.  However, with the debentures not so.  Personally, I don't believe they'll miss the June 30 payment. They stopped dividend payments to unit holders, so they'll have more disposable cash available.  At least I hope so.
Comment by pennylane101 on Jun 06, 2024 5:48pm
You know what is funny?  Since our user names are so similar, people might think we're one and the same and we have a medical condition like schizophrenia with a split personality disorder.  LOL!
Comment by w335g601 on Jun 13, 2024 9:09am
I did not receive the interest payment due May 31, 2024 on these debentures.  Anyone else missing theirs?
Comment by MARKOPOLIS on Jun 13, 2024 12:20pm
Give them a call several others are saying same thing 
Comment by pennylane101 on Jun 13, 2024 2:10pm
What a bunch of jokers! Hope you don't get stuck with a short squeeze. Convertible debentures Feb. 28, 2026 9.0% — — 28,750 28,750 Convertible debentures Dec. 31, 2026 5.5% — — 84,200 84,200 Convertible debentures Dec. 31, 2027 7.5% — — 45,000 45,000
Comment by 2young2invest on Jun 13, 2024 3:45pm
markopolis why are you such a clown? debentures are paid in the end of february, august, june and december. there are no payments in may.
Comment by w335g601 on Jun 13, 2024 9:40pm
Debentures pay interest 2 times a year, not 4!
Comment by 2young2invest on Jun 13, 2024 3:46pm
I guess, w335g601 is just a fake account created by markopolis.