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Vinson & Elkins represented CTO Realty Growth, Inc. (the “Company”) in completing separate, privately negotiated transactions with holders of $35,208,000 in aggregate principal amount of the Company’s 3.875% Convertible Senior Notes due 2025 (the “Notes”), in which the holders exchanged their Notes for an aggregate of 1,089,555 shares of the Company’s common stock, $0.01 par value per share (the “Common Stock”), and aggregate cash payments totaling approximately $29 million.
April 8, 2025