debt
confidence high
sentiment negative
materiality 0.65
Wheeler REIT to pay June 30 interest on 7% convertible notes in Series D preferred stock
Wheeler Real Estate Investment Trust, Inc.
- Interest on 7.00% Subordinated Convertible Notes due 2031 payable June 30, 2026 will be in Series D Cumulative Convertible Preferred Stock.
- Record date for interest payment is close of business on June 1, 2026.
- PIK interest election may indicate cash preservation strategy; notes trade under symbol WHLRL.
item 8.01