On June 9, 2015, CT Real Estate Investment Trust (CT REIT) completed its issuance of $350 million aggregate principal amount of senior unsecured debentures. The debenture offering included $150 million 2.852 per cent Series A senior unsecured debentures due 2022 and $200 million 3.527 per cent Series B senior unsecured debentures due 2025.
The debenture offering was led by RBC Capital Markets and CIBC, and included BMO Nesbitt Burns Inc., Scotia Capital Inc., TD Securities Inc., Desjardins Securities Inc., HSBC Securities (Canada) Inc. and National Bank Financial Inc.
CT REIT was represented by its Chief Counsel Kimberley Graham and Stikeman Elliott LLP with a team of Jeffrey Singer, Jeff Hershenfield, Ryan Kirvan, Brandon Hoffman and J.B. Elliott (securities), John Lorito, Alan Kenigsberg and Jill Winton (tax), Melissa Schyven and Brady McLeod (real estate). The agents were represented by Osler, Hoskin & Harcourt LLP with a team of Mary Abbott, Arlene Mack and Daniel Fombonne (securities), Kim Wharram and Jake Leibner (tax), Kevin Chen (real estate).