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

New Press Release - Slate Office REIT Announces Update on Approval of Debentureholders To Amend the Terms of Its 5.25% Convertible Unsecured Subordinated Debentures

Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that its previously announced consent and proxy solicitation (the “Consent Solicitation”) to seek approval of proposed amendments (the “Proposed Amendments”) to the terms of...read article.

[Detailoriented1]

So, no dilution by having to pay these with units. The vote will pass. Do I like that they dropped the conversion to 5.50? Nope. Would I take 5.50 today if offered? Yep.     The special meeting is coming up soon so a resolution to all of this is coming up at that meeting if not before. Still think we will wake up to a Halt and then an announcement that pops the stock. GLTA

[CanSiamCyp]

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[SNAKEYBOY]

Take profits if it pops...hang up to a bit if you think they might squeeze some more gains.  Doesnt have to be all or nothing

[HermannHaller]

I got some SOT.DB.A at 84....10.5% YTM, nothing wrong with that.

[pennydredful]

That  assumes  the   extension  is successful  .  In   cases   where  the vote  is  adverse to  the company,s   proposal   often   the company   will  postpone  the meeting  to   ferret   out   more  yes votes  from those that did