Colony NorthStar Inc. will fully redeem all 8.0 million outstanding shares of its 8.500% series D cumulative redeemable perpetual preferred stock July 2.
The diversified real estate investment trust set the cash redemption price for each preferred share at $25.00, plus any accrued and unpaid dividends to, but not including, the redemption date.
American Stock Transfer & Trust Co. LLC is the redemption agent.
