Oxford Properties Group Trust completes C$700M private placement of Series 1 and Series 2 Notes
On June 4, 2025, Oxford Properties Group Trust (“OPGT”) completed the aggregate C$700 million private placement of senior unsecured notes, comprised of C$450,000,000 aggregate principal amount of 3.905% senior unsecured notes, Series 1 maturing December 4, 2029 and C$250,000,000 aggregate principal amount of 4.386% senior unsecured notes, Series 2 maturing June 4, 2032.
The syndicate of agents in the offering was led by CIBC World Markets Inc., RBC Dominion Securities Inc. and TD Securities Inc., and included Desjardins Securities Inc., SMBC Nikko Securities Canada Ltd., Wells Fargo Securities Canada, Ltd., BMO Nesbitt Burns Inc. and National Bank Financial Inc.
McCarthy Tétrault LLP advised OPGT with a team led by Michael Eldridge that included Eric Frydrych, Gurvir Sangha, Britney Schyf (Business) and Sarit Pandya (Real Property).
