Brief: CorEnergy To Recognize Loss On Impairment, Disposal Of Leased Property Of About $146.5 Mln

Corenergy Infrastructure Trust

07/07/2020 23:07

July 7 (Reuters) - CorEnergy Infrastructure Trust Inc
 CORR.N :
    * CORENERGY INFRASTRUCTURE TRUST - TO RECOGNIZE LOSS ON
IMPAIRMENT, DISPOSAL OF LEASED PROPERTY OF ABOUT $146.5 MILLION
FOR 3 & 6 MONTHS ENDED JUNE 30
    * CORENERGY INFRASTRUCTURE TRUST - DETERMINED IMPAIRMENT
INDICATORS EXISTED AS VALUE TO BE RECEIVED FROM PINEDALE LGS
SALE WAS BELOW CARRYING VALUE

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