Redemption of $300 million 3.73% Series M and 2.876% Series Q Senior Unsecured Debentures SmartCentres Real Estate Investment Trust
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES
TORONTO, Jan. 11, 2021 (GLOBE NEWSWIRE) SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that it has redeemed a total of $300 million aggregate principal amount of senior unsecured debentures representing $150 million aggregate principal amount of 3.73% Series M senior unsecured debentures due July 22, 2022 (the “Series M Debentures”) and $150 million aggregate principal amount of 2.876% Series Q senior unsecured debentures due March 21, 2022 (the “Series Q Debentures”), constituting all of the Series M Debentures and all of the Series Q Debentures outstanding immediately prior to such redemption, in accordance with their terms as previously announced. The Series M Debentures were redeemed at a