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Published on 3/21/2014 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Omers Realty announces redemption price for 4.05% notes due 2014

By Toni Weeks

San Luis Obispo, Calif., March 21 - Omers Realty CTT Holdings Two Inc. announced the redemption price for its previously announced redemption of all C$180 million principal amount of the company's 4.05% notes due May 5, 2014, according to a notice.

The debentures will be redeemed at C$1,002.89 plus accrued interest of $15.8671233 for each $1,000 of notes. The total redemption price is C$183,376,282.19 and includes an early repayment premium plus accrued interest through the March 28 redemption date.

Toronto-based Omers is one of the Oxford Properties group of companies, the real estate arm of the Omers Worldwide Group of Cos.


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