Equity Office Properties Trust announced today that it has called all of its 7,994,000 outstanding 8.98% Series A Cumulative Redeemable Preferred Shares (EOP PrA) for redemption.
The Series A Preferred Shares will be redeemed at a price of $25.00 per share, plus $0.2619167 in accrued and unpaid dividends for the period from June 17, 2002, to the redemption date, for an aggregate redemption price of $25.2619167 per share.
The redemption date will be July 29, 2002. From the redemption date forward, dividends on the Series A Preferred Shares will no longer accrue, and holders of the Series A Preferred Shares will have no rights other than the right to receive the redemption price, without interest, upon surrender of the Series A Preferred Shares. Payment of the redemption price will be made only upon presentation and surrender of certificates representing the Series A Preferred Shares to EquiServe Trust Company, N.A, the paying agent for the Series A Preferred Shares, during its usual business hours at the addresses specified in the Notice of Redemption.
The Notice of Redemption and related materials will be mailed on June 28, 2002, to holders of record of Series A Preferred Shares. Questions relating to the Notice of Redemption and related materials should be directed to EquiServe Trust Company, N.A. the paying agent, at 800-733-5001.
(source: Equity Office)