SmartStop Self Storage REIT, Inc. (SMA), an internally managed real estate investment trust, announced the pricing of a Canadian Maple Bond offering.
The company said its subsidiary, SmartStop OP, L.P., will issue C$200 million of Series B senior unsecured notes due September 24, 2030, with an interest rate of 3.888% per annum.
Proceeds from the offering are expected to be used to repay debt, fund acquisitions, and support general corporate purposes, with the offering scheduled to close on September 24.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.