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Published on 9/7/2010 in the Prospect News High Yield Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Aimco to redeem all outstanding class G preferreds on Oct. 7

By Marisa Wong

Madison, Wis., Sept. 7 - Apartment Investment and Management Co. announced it will redeem all outstanding shares of its class G cumulative preferred stock on Oct. 7.

The preferreds will be redeemed at $25.00 each plus accumulated dividends up to the redemption date of $0.5469 per preferred. The total redemption payment of $25.5469 is payable only in cash.

Computershare Trust Co., NA (800 546-5141) is acting as redemption agent for the preferreds.

Aimco is a Denver-based real estate investment trust focused on apartment communities.


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