City Office REIT Sets January 2026 Redemption Date for Series A Preferred Shares Ahead of Merger
Reuters
Dec 05, 2025
City Office REIT Sets January 2026 Redemption Date for Series A Preferred Shares Ahead of Merger
City Office REIT, Inc. has entered into an agreement under which it will merge with MCME Carell Merger Sub, LLC, with Merger Sub surviving as a wholly-owned subsidiary of MCME Carell Holdings, LP. As part of the transaction, all outstanding shares of City Office REIT's 6.625% Series A Cumulative Redeemable Preferred Stock will be redeemed for $25.00 per share plus any accrued and unpaid distributions. Notices of redemption have been delivered to holders of the preferred stock, with the redemption expected to occur on January 9, 2026, subject to the terms outlined in the redemption notices.
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