Diversified real estate investment trust Forest City Realty Trust Inc. plans to redeem all of its approximately $32.0 million worth of outstanding 3.625% convertible senior notes due 2020 on Nov. 21.

The redemption price will be equal to 100% of the principal amount of the notes to be redeemed, plus any accrued and unpaid interest up to, but not including, the redemption date.

Holders of the notes may convert them by the close of business on Nov. 20, according to a release.