B.F. Saul Real Estate Investment Trust Announces Extension of Exchange Offer of 7 1/2% Senior Secured Notes Due 2014
May 07 2004 - 6:07PM
PR Newswire (US)
B.F. Saul Real Estate Investment Trust Announces Extension of
Exchange Offer of 7 1/2% Senior Secured Notes Due 2014 BETHESDA,
Md., May 7 /PRNewswire-FirstCall/ -- B.F. Saul Real Estate
Investment Trust announced today that it has extended the
expiration date of its offer to exchange 7 1/2% Series B Senior
Secured Notes due 2014 for outstanding 7 1/2% Senior Secured Notes
due 2014. The expiration date, which was 5:00 p.m. EDT on May 7,
2004, has been extended to 5:00 p.m. EDT on May 14, 2004. As of
4:00 p.m. EDT on May 7, 2004, approximately $248.5 million in
aggregate principal amount of the $250 million of 7 1/2% Senior
Secured Notes due 2014 subject to the exchange offer had been
tendered for exchange and received by the exchange agent.
DATASOURCE: B.F. Saul Real Estate Investment Trust CONTACT: Henry
Ravenel, Jr., Vice President of B.F. Saul Real Estate Investment
Trust, +1-301-986-6207
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