Syndicate of agents led by Desjardins Capital Markets, CIBC Capital Markets and Scotia Capital Inc., act in the private placement by Primaris Real Estate Investment Trust of C$200M aggregate principal amount of senior unsecured green debentures

On June 25, 2025, Primaris Real Estate Investment Trust (“Primaris”) completed its C$200 million unsecured green debenture offering of 4.835% Series H Senior Unsecured Debentures due June 25, 2033 (the “Debentures”). The Debentures were offered on a private placement basis in Canada pursuant to certain exemptions from the prospectus requirements under securities laws.

The Debentures offering was led by a syndicate of agents led by Desjardins Capital Markets, CIBC Capital Markets and Scotia Capital Inc. which includes TD Securities Inc., RBC Dominion Securities Inc., National Bank Financial Inc., BMO Capital Markets, Canaccord Genuity Corp., and Raymond James Ltd.

McCarthy Tétrault advised the syndicate of agents, with a team led by Andrew Parker that included Suzie Cusson, Jonathan Leung (Corporate), Fred Purkey and Kathryn Walker (Tax).