Firm Capital Apartment REIT Announces Redemption of Convertible Debentures
TORONTO, May 28, 2024 (GLOBE NEWSWIRE) -- Firm Capital Apartment Real Estate Investment Trust (the “Trust”) (TSXV: FCA.U), (TSXV FCA.UN), (TSXV: FCA.DB) is pleased to announce that TSX Trust Company, in accordance with the trust indenture, will be providing notice to redeem all of its outstanding C$18,785,000 (US$13.8 million) aggregate principal amount of 6.25% convertible unsecured subordinated debentures due June 30, 2026 (the “Convertible Debentures”) on July 2, 2024 (the “Redemption Date”).