Brief: Crombie REIT Announces Offering Of $150 Million Series J Unsecured Notes

Crombie Real Estate Investment Trust

09/08/2021 22:45

Aug 9 (Reuters) - Crombie Real Estate Investment Trust
 CRR_u.TO :
    * CROMBIE REIT ANNOUNCES OFFERING OF $150 MILLION SERIES J
UNSECURED NOTES
    * CROMBIE REIT - IT ENTERED INTO AGREEMENT TO ISSUE $150
MILLION
SERIES J SENIOR UNSECURED NOTES MATURING AUGUST 12, 2031
    * CROMBIE REAL ESTATE INVESTMENT TRUST - SERIES J NOTES WILL
BEAR
INTEREST AT A RATE OF 3.133% PER ANNUM
    * CROMBIE REIT - NET PROCEEDS FROM SERIES J NOTES OFFERING
WILL BE
USED TO REPAY CERTAIN INDEBTEDNESS OUTSTANDING UNDER REIT'S
CREDIT FACILITIES

Source text for Eikon:  ID:nCNWVD75Ta 
Further company coverage:  CRR_u.TO 

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