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CROMBIE REIT ANNOUNCES OFFERING OF $200 MILLION SERIES L UNSECURED NOTES

Newswire.ca - Fri Mar 1, 4:52PM CST

NEW GLASGOW, NS, March 1, 2024 /CNW/ - Crombie Real Estate Investment Trust ("Crombie" or the "REIT") (TSX: CRR.UN), announced today that it entered into an agreement to issue $200 million aggregate principal amount of Series L Senior Unsecured Notes maturing March 29, 2030 (the "Series L Notes"). The Series L Notes will bear interest at a rate of 5.139% per annum. The Series L Notes were offered at a price of $999.95 per $1,000.00 principal amount.

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