The Toronto Stock Exchange reports that Northwest Healthcare Properties Real Estate Investment Trust's 10.0 per cent convertible unsecured subordinated debentures (symbol NWH.DB.G) will be halted at the open and delisted at the close on March 31, 2025. According to the TSX, the debentures will mature on March 31, 2025, and the REIT will pay $1,024.65753425 per $1,000 principal amount of debentures, representing $1,000 principal amount and $24.65753425 for accrued and unpaid interest thereon to, but excluding, the maturity date. As the debentures are held in the CDS book-entry-only system, debentureholders need not take any action to receive payment on maturity.

The TSX notes that the debentures are convertible, at the option of the holder, into units of the REIT at any time before the close on March 28, 2025, at $7.25 per unit. This conversion price represents a conversion rate of approximately 137.931 units per $1,000 principal amount of debentures. Buyers of debentures who wish to exercise their conversion right should make their purchases sufficiently in advance of the deadline indicated in the relevant CDS bulletin, allowing adequate time for settlement. Trades on March 28, 2025, will settle on the same day.