Allied Properties REIT completes $300 million debt offering

Allied Properties Real Estate Investment Trust (“Allied”) completed a $300 million debt offering of 3.131 per cent series G senior unsecured debentures pursuant to a prospectus supplement dated May 12, 2020 to a short form base shelf prospectus dated November 19, 2019. A syndicate of agents led by Scotia Capital Inc., CIBC World Markets Inc. and TD Securities Inc. offered the debentures on an agency basis.

Aird & Berlis LLP represented Allied with a team composed of Margaret Nelligan, Sherri Altshuler, Anne Miatello, Melanie Cole, Liam Tracey-Raymont, Amy Marcen-Gaudaur, Russell Sanders and Meredith McCann (corporate and securities), Mike Smith, Neill Kalvin and Zale Skolnik (real estate) and Barbara Worndl (tax).

Stikeman Elliott LLP represented the syndicate of underwriters as Canadian counsel with a team composed of David Weinberger, Colin Burn, Benjamin Jain, Hayley Gilbert (corporate and securities) and Kevin Chen (real estate).
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