07:52:04 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Lanesborough Real Estate Investment Trust
Symbol LRT
Shares Issued 20,252,386
Close 2015-01-26 C$ 0.385
Market Cap C$ 7,797,169
Recent Sedar Documents

Lanesborough REIT to delist 9% bonds Feb. 12

2015-01-27 19:38 ET - Miscellaneous

Lanesborough Real Estate Investment Trust will delist its five-year 9-per-cent second mortgage bonds due Dec. 24, 2015, from the Toronto Stock Exchange at the close of business on Thursday, Feb. 12, 2015, according to the TSX.

The exchange reports the trust will redeem all the outstanding bonds on Feb. 12 for $385.59246 per $375 of principal amount. The redemption price consists of 101 per cent of the principal amount ($378.75) plus $6.84246 of accrued and unpaid interest.

All trades in the bonds completed on Feb. 9, 2015, will be for special two-day settlement on Feb. 11, 2015. All trades completed on Feb. 10, 2015, will settle on the next day in cash. All trades completed on Feb. 11, 2015, will settle on the same day in cash. The exchange will halt trading in the bonds at the open on Feb. 12, 2015.

© 2024 Canjex Publishing Ltd. All rights reserved.