{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-141463","form_type":"8-K","ticker":"SMA","cik":"0001585389","company_name":"SmartStop Self Storage REIT, Inc.","filed_at":"2025-06-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.897902+00:00","generated_at":"2026-05-19T06:28:46.071653+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SmartStop issues CAD$500M 3.907% notes due 2028; under contract for CAD$97M Alberta acquisitions","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-141463","json":"https://secwatch.observer/filing/0001193125-25-141463.json","markdown":"https://secwatch.observer/filing/0001193125-25-141463.md","text":"https://secwatch.observer/filing/0001193125-25-141463.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1585389/000119312525141463/0001193125-25-141463-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1585389/000119312525141463/d101110d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T06:28:46.071653+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5580839e4f6ea6323b49d445841f43b7b8492e30","claim":"SmartStop Self Storage REIT, Inc. incurred senior notes of up to CAD$500 million with Computershare Trust Company of Canada at 3.907% maturing 2028.","evidence_excerpt":"On June 11, 2025, SmartStop Self Storage REIT, Inc. (the “Company”), as guarantor, and its operating partnership, SmartStop OP, L.P. (the “Operating Partnership”), as issuer, agreed to offer and sell, on a private placement basis in all of the provinces of Canada, an aggregate principal amount of up to CAD$500 million 3.907% Senior Unsecured Notes Due 2028","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1585389/000119312525141463/0001193125-25-141463-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"up to CAD$500 million"},{"label":"Counterparty","value":"Computershare Trust Company of Canada"},{"label":"Rate","value":"3.907%"},{"label":"Maturity","value":"2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}