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

REITs in Canada to get a good return ...BNN article below

[BondManSlate]

REITs in Canada ‘to get a good return over the next couple of years’: Colliers – BNN Bloomberg

Debentures are solid here, in my opinion. Anyone expressing contrary opinions without a solid case should be ignored. I believe the reorganization also works well for debentures, as I’d rather be an equity owner during the rebound, haha

 

[Northforce13]

Components of positive sentiment abound, as per BNN Percentage of CEOs expecting return to office went from something like 34% beginning of year to 80% now.  Huge. Amazon just made statements about return to office being the norm Interest rates are favorable, financings are getting done, no news out of Slate yet.

[BondManSlate]

No news can sometimes be good news. I suspect Armoyan is working hard to avoid a reorganization in order to maintain his equity position. I expect to hear something by late this year, either with interest being reinstated on debts and new terms or a reorganization. PAYtience is key. IMO