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Crombie REIT announces $175 million senior unsecured notes offering

PUBT·11/10/2026 22:33:48
Diffusion vocale
Crombie REIT announces $175 million senior unsecured notes offering
  • Crombie REIT agreed to issue $175 million of Series O Senior Unsecured Notes in a private placement.
  • The notes will pay Daily Compounded CORRA plus 0.9% annually, with interest payable quarterly in arrears.
  • Maturity is November 18, 2028; the offering is expected to close on or about November 18, 2026.
  • Proceeds will fund acquisitions, repay indebtedness and support general trust purposes.
  • Closing requires a rating of at least BBB with a stable trend from Morningstar DBRS.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crombie Real Estate Investment Trust published the original content used to generate this news brief via Newsfile (Ref. ID: 202611101727NEWSFILECNPR____20261110_323391_1) on November 10, 2026, and is solely responsible for the information contained therein.