Wheeler Real Estate Investment Trust Inc. has announced a change in the form of interest payment for its 7.00% Subordinated Convertible Notes due 2031. The interest payable on June 30, 2025, to note holders of record as of June 1, 2025, will be issued in the form of the company's Series D Cumulative Convertible Preferred Stock. This decision reflects a strategic move by Wheeler to manage its financial obligations and leverage its equity offerings.
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