TSX:CRR.UNRetail REITs
Should Crombie REIT’s Debt Shuffle and Steady Payouts Shape Action From Crombie (TSX:CRR.UN) Investors?
Crombie Real Estate Investment Trust recently entered into an agreement to issue C$300 million of Series N Senior Unsecured Notes maturing in 2033, and in June 2026 it also confirmed the full July 2026 redemption at par plus accrued interest of its C$200 million 3.677% Series F Senior Unsecured Notes due August 26, 2026, alongside affirming a monthly dividend of C$0.0758 per unit.
Together, the new longer-dated Series N Notes and the planned redemption of Series F Notes highlight an effort...