TORONTO, July 11, 2017 (GLOBE NEWSWIRE) — Faircourt Asset Management Inc., the Manager of Faircourt Split Trust (TSX:FCS.UN) (TSX:FCS.PR.C), announces today that $1,601,630.00 in aggregate principal amount of the Trust’s 6.00% outstanding Preferred Securities (the “Preferred Securities”) will be redeemed on July 27, 2017 (the “Redemption Payment Date”).  The record date of the Preferred Securities partial redemption is July 25, 2017. Proceeds from the Preferred Securities redemption will amount to $10.0450 for each $10.00 principal amount of Securities, being equal to the aggregate of (i) $10.00 (the “Redemption Price”), and (ii) all accrued and unpaid interest hereon to but excluding […]