SmartStop issues CAD$500M 3.907% notes due 2028; under contract for CAD$97M Alberta acquisitions

SmartStop Self Storage REIT, Inc.

Issued CAD$500M 3.907% senior unsecured notes due 2028; effective rate ~3.85% after hedge; rated BBB (Stable) by DBRS.
Proceeds used to repay 2027 NBC Loan, pay down Credit Facility, fund acquisitions, and for general corporate purposes.
In addition to previously announced US$108M Houston portfolio closing June, company under contract to acquire five Alberta properties for ~CAD$97M.

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