Morguard REIT 4.5% Convertible Debentures (TSX: MRT.DB)

This convertible was issued in December 2016 and matures on Dec. 31, 2021. It pays interest at a rate of 4.5% (based on par) and can be converted into units of Morguard North American REIT at $20.40.


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Income Investor

Continue to Hold this one for convertible debenture exposure from a solid issuer with a good track record.- Paul Bamford

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MRT.DB was first recommended here on July 2, 2018