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Northwest Healthcare Properties REIT Announces Timing of Third Quarter 2021 Results and Intention to Redeem One Series of In-The-Money Convertible Debentures
Northwest Healthcare Properties REIT Announces Timing of Third Quarter 2021 Results and I...
About this update from Vital Infrastructure Property Trust
[{"type":"text","content":"\n \n \n \n Northwest Healthcare Properties REIT Announces Timing of Third Quarter 2021 Results and Intention to Redeem One Series of In-The-Money Convertible Debentures\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n Oct. 25, 2021\n \n /CNW/ - NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (\"NorthWest\" or the \"REIT\") is pleased to announce today that it will issue its third quarter 2021 financial results on\n \n November 11, 2021\n \n and that it intends to redeem all of the outstanding 5.25% convertible unsecured subordinated debentures maturing on\n \n December 31, 2021\n \n (the \"Series F Debentures\").\n \n \n \n \n Q3 2021 Results and Conference Call Details\n \n \n \n \n The REIT will issue its third quarter 2021 financial results for the three months ending\n \n September 30, 2021\n \n on\n \n November 11, 2021\n \n , after markets close.\n \n \n A conference call will be held on\n \n November 12, 2021\n \n , at\n \n 10:00 am (EST)\n \n . Participating on the call will be members of the REIT's senior management team.\n \n \n Investors are invited to access the call by dialing 416-764-8609 or toll-free 1 (888) 390-0605, conference ID# 37093308. A recording of this call will be made available\n \n November 12, 2021\n \n , beginning at\n \n 12:30 pm (ET)\n \n through to\n \n November 19, 2021\n \n . To access the recording, please call 1 (888) 390-0541 or (416) 764-8677 and use the reservation number 093308#.\n \n \n \n \n Redemption of In-The-Money Convertible Debentures\n \n \n \n \n The REIT also announced today that it intends to redeem all of the outstanding Series F Debentures, of which\n \n $78,824,000\n \n aggregate principal amount are currently outstanding and trading. The redemptions are expected to occur on\n \n November 25, 2021\n \n (the \"Redemption Date\"). The Series F Debentures are listed for trading on the TSX under the trading symbol \"NWH.DB.F\".\n \n \n The Series F Debentures have a conversion price of\n \n $12.80\n \n per REIT Unit, which is les...