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Colony NorthStar to fully redeem 8.5% series D preferred stock

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.