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Wheeler REIT announces extension of exchange offer, consent solicitation
The Fly

Wheeler REIT announces extension of exchange offer, consent solicitation

Wheeler Real Estate Investment Trust announced the extension of its previously announced offer to exchange any and all outstanding shares of the Company’s Series D Cumulative Convertible Preferred Stock for 6.00% Subordinated Notes due 2027, to be newly issued by the Company, and the related solicitation of consents from the holders of Series D Preferred Stock to certain amendments to the Company’s charter that will modify the terms of the Series D Preferred Stock. The expiration date of the Exchange Offer and Consent Solicitation has been extended from 11:59 p.m., New York City time, on December 22, 2022, to 11:59 p.m., New York City time, on January 6, 2023, to allow additional time for the holders of Series D Preferred Stock to tender their shares of Series D Preferred Stock in the Exchange Offer.

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