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SmartStop Self Storage Completes CAD$500M Note Offering

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SmartStop Self Storage Completes CAD$500M Note Offering

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

On June 11, 2025, SmartStop Self Storage REIT, Inc. announced a private placement offering of CAD$500 million in 3.907% Senior Unsecured Notes due 2028, with the sale completed on June 16, 2025. The proceeds from this offering are being used to repay existing debt, fund acquisitions, and support general corporate purposes, reflecting the company’s strategic focus on growth and financial stability.

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. operates in the self-storage industry, focusing on providing storage solutions through its operating partnership, SmartStop OP, L.P. The company is involved in acquiring, owning, and managing self-storage facilities across North America, with a particular emphasis on expanding its market presence in Canada.

Average Trading Volume: 778,900

Current Market Cap: $307.9M

For a thorough assessment of SMA stock, go to TipRanks’ Stock Analysis page.

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