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SmartStop Announces CAD $500 Million Bond Offering

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SmartStop Announces CAD $500 Million Bond Offering

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An update from SmartStop Self Storage REIT, Inc. ( (SMA) ) is now available.

On June 11, 2025, SmartStop Self Storage REIT, Inc. announced the pricing of a CAD $500 million Canadian Maple Bond offering, with notes due in 2028 at an interest rate of approximately 3.91% per annum. The proceeds from this offering are intended to repay higher interest debt, fund acquisitions, and support general corporate purposes, with the closing expected on June 16, 2025. The offering is limited to Canadian residents and will not be sold outside Canada.

The most recent analyst rating on (SMA) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on SmartStop Self Storage REIT, Inc. stock, see the SMA Stock Forecast page.

More about SmartStop Self Storage REIT, Inc.

SmartStop Self Storage REIT, Inc. is a self-managed real estate investment trust (REIT) that operates and owns self-storage facilities in the United States and Canada. The company, through its subsidiary SmartStop REIT Advisors, LLC, sponsors self-storage programs and has a portfolio of 222 operating properties across 23 states, the District of Columbia, and Canada, comprising approximately 158,900 units and 17.9 million rentable square feet.

Average Trading Volume: 807,826

Current Market Cap: $314.2M

Find detailed analytics on SMA stock on TipRanks’ Stock Analysis page.

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