05:22 PM EDT, 06/09/2025 (MT Newswires) -- CT REIT (CRT-UN.TO), trading at 52 week highs, completed Monday its previously announced issuance, on a private placement basis in certain of the provinces of Canada, of $200 million aggregate principal amount of series J senior unsecured debentures with a 5-year term and a coupon of 4.292%.

CT REIT intends to use net proceeds of the debenture offering for the repayment of existing indebtedness.

The Series J Debentures have been rated "BBB" with a stable trend by Morningstar DBRS, and are direct senior unsecured obligations of CT REIT.

CT REIT closed trading up $0.18 or 1.1% at $16.34, having touched a 52 week high $16.39.