Edition:
India

Spirit MTA REIT Announces Milestones In Its Strategic Plan


Tuesday, 16 Jul 2019 

July 16 (Reuters) - Spirit MTA REIT ::SPIRIT MTA REIT ANNOUNCES MILESTONES IN ITS STRATEGIC PLAN.SPIRIT MTA REIT - FILES PRELIMINARY PROXY STATEMENT IN CONNECTION WITH PROPOSED SALE OF ASSETS FOR $2.4 BILLION.SPIRIT MTA REIT - ANNOUNCES AMOUNTS RECOVERED FROM SHOPKO FOR TERM LOAN AND EXPECTED PROCEEDS FROM SALE OF ACADEMY SPORTS DISTRIBUTION CENTER.SPIRIT MTA REIT - THROUGH JULY 12, 2019, COMPANY HAS RECOVERED APPROXIMATELY $24 MILLION ON SHOPKO B-1 TERM LOAN.SPIRIT MTA REIT - INTENDS TO CONTINUE TO PURSUE ALL OF ITS RIGHTS AND REMEDIES IN CONNECTION WITH SHOPKO'S BANKRUPTCY PROCEEDINGS.SPIRIT MTA REIT - DATE AND TIME OF SPECIAL MEETING OF SHAREHOLDERS TO BE INCLUDED IN FINAL PROXY STATEMENT. 

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