Cominar announces redemption of Series C Debentures

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./ 
QUÉBEC CITY, June 7, 2013 /CNW Telbec/ - Cominar Real Estate Investment Trust 
("Cominar") (TSX: CUF.UN) has exercised today its right to redeem its 
SeriesC 5.80% convertible unsecured subordinated debentures maturing on 
September30, 2014 (the "SeriesC Debentures") in accordance with the terms 
of the trust indenture dated September 14, 2004 governing the SeriesC 
Debentures, as supplemented by a supplemental indenture dated as of the 10(th) 
day of October, 2007. The redemption of the SeriesC Debentures will be 
effective on July 8, 2013 (the "Redemption Date"). Upon redemption, Cominar 
will pay to the holders of SeriesC Debentures a redemption price (the 
"Redemption Price") equal to the outstanding principal amount of the SeriesC 
Debentures to be redeemed, together with all accrued and unpaid interest 
thereon up to but excluding the Redemption Date, for a total of $1,015.57 per 
$1,000 principal amount of SeriesC Debentures, less any taxes required to be 
withheld or deducted. The aggregate principal amount of SeriesC Debentures 
currently outstanding is $110 million. Cominar intends to draw funds to pay 
the Redemption Price from its credit facility. 
The SeriesC Debentures are listed for trading on the Toronto Stock Exchange 
(the"TSX") under the trading symbol "CUF.DB.C" and may be converted in 
accordance with their terms into units of Cominar (the "Units") until 
September 30, 2014. The SeriesC Debentures are convertible at a conversion 
price of $25.25 for each Unit, so that approximately 39.604 Units will be 
issued for each $1,000 principal amount of SeriesC Debentures converted. 
As it is currently contemplated that all SeriesC Debentures will be 
redeemed, Cominar intends to have same be delisted from the TSX at the close 
of business on the Redemption Date. 
Profile as at June 7, 2013 
Cominar is the third largest diversified real estate investment trust in 
Canada and currently remains the largest commercial property owner in the 
Province of Québec. Cominar owns a real estate portfolio of 498 high-quality 
properties, consisting of 121 office, 156 retail and 221 industrial and 
mixed-use buildings that cover a total area of 36.8 million square feet in 
Québec, Ontario, the Atlantic Provinces and Western Canada. Cominar's 
objectives are to pay growing cash distributions to unitholders and to 
maximise unitholder value by way of proactive management and the expansion of 
its portfolio. 
Forward-Looking Statements 
This press release may contain forward-looking statements with respect to 
Cominar and its operations, strategy, financial performance and financial 
condition. These statements generally can be identified by the use of 
forward-looking words such as "may", "will", "expect", "estimate", 
"anticipate", "intend", "believe" or "continue" or the negative thereof or 
similar variations. The actual results and performance of Cominar discussed 
herein could differ materially from those expressed or implied by such 
statements. Such statements are qualified in their entirety by the inherent 
risks and uncertainties surrounding future expectations. Some important 
factors that could cause actual results to differ materially from 
expectations include, among other things, general economic and market 
factors, competition, changes in government regulation and the factors 
described under "Risk Factors" in the Annual Information Form of Cominar. 
The cautionary statements qualify all forward-looking statements attributable 
to Cominar and persons acting on its behalf. Unless otherwise stated, all 
forward-looking statements speak only as of the date of this press release. 
Mr. Michel Dallaire, P.Eng. President and Chief Executive Officer, Cominar 
Real Estate Investment  Trust (418) 681-8151 
Mr. Sylvain Cossette Executive Vice-President and Chief Operating Officer, 
Cominar Real  Estate Investment Trust (418) 681-6300 ext. 2245 
Mr. Michel Berthelot Executive Vice President and Chief Financial Officer, 
Cominar Real  Estate Investment Trust (418) 681-6300 ext. 2266 
SOURCE: Cominar Real Estate Investment Trust 
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CO: Cominar Real Estate Investment Trust
ST: Quebec
NI: REL FND FLOWS  
-0- Jun/07/2013 13:00 GMT
 
 
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