SmartCentres Raises $450M Through Debenture Offerings
SmartCentres closed a $150M reopening of 3.599% Series AC debentures due 2029 and $300M of 4.795% Series AE debentures due 2032. Proceeds will refinance debt, repay its revolver and mortgages, and fund general purposes.
795% Series AE debentures, due 2032. The company will use the proceeds to refinance debt, repay its revolving credit facility and mortgages, and for general purposes.