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Slate Retail to list on TSX April 22

2014-04-17 20:24 ET - New Listing

Slate Retail REIT will begin trading on the Toronto Stock Exchange as an industrial issuer at the open on Tuesday, April 22, 2014, according to the TSX. The exchange reports the REIT will own a portfolio of diversified revenue-producing commercial real estate properties in the United States focusing on grocery-anchored retail properties.

The REIT intends to pay distributions on the 15th day of each month. It estimates the initial dividend will be six U.S. cents per Class U unit.

The company will list Class U units in both Canadian and U.S. currencies. The Canadian-dollar units will trade under the symbol SRT.UN and Cusip No. 831022 11 6. The U.S.-dollar units will trade under the symbol SRT.U and Cusip No. 831022 11 6.

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