(NYSE American: CDOR
) is a self-administered real estate investment trust that specialises in the investment and ownership of upper midscale and upscale, premium-branded, select-service, extended-stay, and limited-service hotels in the top 100 Metropolitan Statistical Areas with a particular focus on the top 20 to 60 MSAs.
They are to carry interest at a fixed rate of 3.317 percent until May 9, 2023 and thereafter at a rate of 0.78 percent over the three-month CDOR
TMX Group issued CND 400m aggregate principal amount of 3.253% series A Senior Unsecured debentures due October 3, 2018; CND 250m aggregate principal amount of 4.461% series B Senior Unsecured debentures due October 3, 2023; and CND 350m aggregate principal amount of Series C floating rate (3-Month CDOR
plus 70 bps) Senior Unsecured debentures due October 3, 2016.
is a benchmark rate that aims to reflect the cost of borrowing funds in Canada and is used to calculate interest on several financial instruments, including interest-rate swaps, forward contracts and other derivatives.
From 11 April 2017 onwards, the interest rate will paid on a quarterly basis and will be equal to the 3-month CDOR
) has closed on the acquisition of two Marriott-branded hotels for USD 38.8m, the firm said on Tuesday.
The debentures will bear interest at a fixed rate of 3.049 percent until August 20, 2024 and thereafter at a rate of 1.05 percent over the three month CDOR
. The debentures will mature on August 20, 2029.
The debentures will pay a fixed interest rate of 4.165% in the first five years and then 2.45% above the three-month CDOR
for the remaining term.
The deposit note was priced at 130 basis points over three-month CDOR
and ranks equally and comparably with all present and future unsecured and unsubordinated liabilities of Equitable Bank.
) has closed on the acquisition of three Home2 Suites for USD 54.75m, the company said.