Brief: SmartREIT issues $350 mln senior unsecured debentures

SmartCentres Real Estate Investment Trust

12/08/2016 14:43

Aug 12 (Reuters) - Smart Reit  
    * SmartREIT announces $350 million Series O and Series P 
senior unsecured debentures issue 
    * Offering includes $100 million of series o senior 
unsecured debentures that will carry coupon rate of 2.987% , to 
mature on Aug 28, 2024 
    * Net proceeds from sale will be used for redemption of its 
$100 million 5.00% Series F senior unsecured debentures due 
February 1, 2019 
    * Offering includes $250 million principal amount of series 
p senior unsecured debentures that will carry a coupon rate of 
3.444 percent 
    * Net proceeds will also  be used for redemption of $90 
million 4.70% Series G senior unsecured debentures due August 
22, 2018 
 
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