the answer is yes. there may some instances where the lending terms forbid it, but i've not seen this.there were a few REITs that bought some of their debt back at discounts earlier this year. it was done both on the open market and privately negotiated terms.of course, now every one says they need to preserve cash, so the debt -now even at bigger discounts- repurchases have been stopped.best,--tytthus
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