SmartStop Self Storage REIT, Inc. (SMA): debt financing — SmartStop closes CAD $200M 3.888% senior notes due 2030 in second Maple Bond offering

SmartStop Self Storage REIT, Inc.

Issued CAD $200M aggregate principal of Series B Senior Unsecured Notes due September 24, 2030.
Notes bear interest at 3.888% per annum, paid semiannually starting March 24, 2026.
Rating: BBB (Stable) from Morningstar DBRS; proceeds to repay debt, fund acquisitions, and general corporate purposes.
This marks SmartStop's second Maple Bond, completing FX cash flow hedging for current portfolio.
Syndicate led by BMO Capital Markets and National Bank Capital Markets; closed September 24, 2025.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

SmartStop Self Storage REIT, Inc. incurred senior notes of up to CAD$200 million with Computershare Trust Company of Canada at 3.888% maturing Due 2030.

Instrument: senior notes
Principal: up to CAD$200 million
Counterparty: Computershare Trust Company of Canada
Rate: 3.888%
Maturity: Due 2030
Event: incurrence

Exact text from the filing

aggregate principal amount of up to CAD$200 million 3.888% Senior Unsecured Notes Due 2030 (the “2030 Notes”) of the Operating Partnership at a price of CAD$1,000 per CAD$1,000 principal amount of 2030 Notes

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SmartStop Self Storage REIT, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-215411

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