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SmartStop Self Storage REIT Completes CA$200 Million Maple Bond Offering
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SmartStop Self Storage REIT Completes CA$200 Million Maple Bond Offering
Sep 24, 2025 2:14 PM

04:46 PM EDT, 09/24/2025 (MT Newswires) -- SmartStop Self Storage REIT ( SMA ) said late Wednesday that it has completed a CA$200 million ($143.9 million) series B senior unsecured notes issuance in the Canadian Maple Bond market.

The five-year notes, issued through SmartStop, bear a 3.888% interest rate, mature on Sept. 24, 2030, and pay interest semiannually starting in March 2026, the report said.

Net proceeds will be used to repay debt, fund acquisitions, and for general corporate purpose, it added.

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