Melcor Real Estate Investment Trust Announces Redemption of Its 5.10% Convertible Unsecured Subordinated Debentures

EDMONTON, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Melcor Real Estate Investment Trust ("Melcor REIT" or the "REIT") (TSX: MR.UN) today announced that it has issued a notice of redemption to holders of Melcor REIT's 5.10% convertible unsecured subordinated debentures having a maturity date of December 31, 2024 (the "Debentures"), representing a redemption of all of the currently outstanding Debentures.

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