WINNIPEG, Dec. 3, 2012 /CNW/ - Temple Real Estate Investment Trust
("Temple REIT") (TSX: TR.UN) announced today that it has completed the
early redemption of the 8.75% Senior Secured Convertible Redeemable
Debentures (the "Debentures") in the amount of $86,000 plus accrued
interest. Subsequent to the initial announcement of the early
redemption, $1,249,000 principal amount of Debentures converted into
trust units at a price of $3.65 per trust units resulting in the
issuance of 342,186 trust units.
Temple REIT is a real estate investment trust, which is listed on the
Toronto Stock Exchange under the symbols TR.UN (trust units), TR.DB.B,
TR.DB.C, TR.DB.D and TR.DB.E (convertible debentures). The objective
of Temple REIT is to provide Unitholders with stable cash distributions
from investment in a diversified portfolio of hotel properties and
related assets. For further information on Temple REIT, please visit
our website at www.treit.ca.
The Toronto Stock Exchange has not reviewed or approved the contents of
this press release and does not accept responsibility for the adequacy
or accuracy of this press release.
SOURCE: Temple REIT
For further information:
Arni Thorsteinson, Chief Executive Officer, or Gino Romagnoli, Investor Relations
Tel: (204) 475-9090, Fax: (204) 452-5505, Email: email@example.com