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CENTREFUND REALTY CORPORATION - AMENDMENTS TO SUBORDINATED PARTICIPATING DEBENTURES.


TORONTO--(BUSINESS WIRE)--Jan. 9, 1995--CENTREFUND REALTY realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 CORP (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
: CFE CFE Conventional Forces in Europe (treaty)
CFE Cash Flow to Equity (finance/accounting)
CFE Comisión Federal de Electricidad (México)
CFE Certified Fraud Examiner
 ) Centrefund Realty Corporation (TSE -CFE) announced certain amendments to its 7.5 percent Subordinated Participating Debentures were made effective on December 30, 1994.

A conversion right was added which permits debentureholders to convert their debentures into Centrefund common shares on or after July 1, 2004 at 125 percent of the market price as at July 1, 2004. The debentures are also redeemable on or after July 1, 2004 and Centrefund is permitted to purchase debentures in the open market. In addition, amendments have been made to permit greater flexibility in incurring additional senior indebtedness. The debentures have been re-designated and are now known as the 1994 Convertible Participating Debentures.

CONTACT: Peter F. Cohen cohen
 or kohen

(Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male.
 
             President and Chief Executive Officer
             (416) 515-1400
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Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 9, 1995
Words:130
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