Scotia Capital Inc. acts as co-lead agent and joint bookrunner in the closing of SmartCentres Real Estate Investment Trust's C$350M private placement of senior unsecured debentures
On August 1, 2024, SmartCentres Real Estate Investment Trust ("SmartCentres") closed its private placement of C$350 million aggregate principal amount of 5.162% Series AA senior unsecured debentures offered by a syndicate of agents. The syndicate was led by Scotiabank, CIBC Capital Markets, Desjardins Securities, RBC Capital Markets and TD Securities as joint bookrunners, and National Bank Financial, Mizuho Securities, BMO Capital Markets and Casgrain as co-managers.
Scotia Capital Inc., headquartered in Vancouver, British Columbia, Canada, is a subsidiary of Scotiabank, providing a range of investment banking services to corporate, institutional, and government clients globally.
SmartCentres, headquartered in Vaughan, Ontario, is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 193 strategically located properties across Canada the country.
McCarthy Tétrault advised Scotia with a team led by Andrew Parker that included Samantha Pettinato, Lama Kahiel, Meghan Noel (Business), Patrick McCay and Camille Belanger (Tax).
