DBRS Discontinues Rating of Preferred Securities Issued by Split REIT Opportunity Trust
Split Shares & FundsDBRS has today discontinued the rating of the Preferred Securities issued by Split REIT Opportunity Trust (the Fund). On November 30, 2011, the Fund announced that the Preferred Securities would be redeemed as originally stated in the trust indenture. On December 31, 2011, all outstanding Preferred Securities were redeemed at their initial issue price of $10 per security in accordance with the Fund’s prospectus.
Notes:
All figures are in Canadian dollars unless otherwise noted.
The applicable methodology is Rating Canadian Split Share Companies and Trusts, which can be found on our website under Methodologies.
Ratings
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