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TORONTO, Nov. 17, 2023 /CNW/ - CT Real Estate Investment Trust ("CT REIT") (TSX: CRT.UN) announced today that it has completed its previously announced issuance, on a private placement basis in certain of the provinces of Canada (the "DebentureOffering"), of $250 million aggregate principal amount of series I senior unsecured debentures with a 4.6-year term and a coupon of 5.828% per annum (the "Series I Debentures"). CT REIT intends to use the net proceeds of the Debenture Offering for the repayment of short term indebtedness, and to retain the balance of the proceeds for general business purposes.
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