On December 21, 2017 SmartCentres Real Estate Investment Trust ("SmartCentres") completed its previously announced agreement to issue $250 million aggregate principal amount of 3 year Series R senior unsecured floating rate (+0.66%) debentures and $250 million aggregate principal amount of 10 year Series S senior unsecured 3.834% debentures on an agency basis filing a prospectus supplement off its base shelf prospectus.
SmartCentres, headquartered in Vaughan, Ontario, is one of Canada's largest real estate investment trusts with total assets of approximately $9.3 billion.
Osler, Hoskin & Harcourt LLP represented SmartCentres with a team consisting of Chris Murray, Tara Law, Lauren Lefcoe (Corporate), and Jack Silverson and David Davachi (Tax).