Choice Properties Real Estate Investment Trust will redeem all the outstanding principal amount of its 3.60% series 8 senior unsecured debentures due April 20, 2020, which amount to C$300 million as of Dec. 20.

The Canadian diversified real estate investment trust's operating unit, Choice Properties LP, will redeem the debentures Jan. 20, 2020, with Jan. 17, 2020, as the record date.

The redemption price will be C$1,000 plus accrued and unpaid interest of C$9.074 per C$1,000 principal amount of the debentures.