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On June 4, 2025, Oxford Properties Group Trust (OPGT) announced the successful completion of its inaugural Canadian debt capital markets transaction—a $700 million dual-tranche private placement of senior unsecured notes. The offering includes $450 million of 4.5-year Series 1 notes and $250 million of 7-year Series 2 notes. The net proceeds are intended to repay certain unsecured indebtedness of the obligors, including existing OMERS Realty Corp. debt and other obligations.
McCarthy Tétrault LLP advised OPGT.
Goodmans LLP acted for CIBC Capital Markets, TD Capital Markets, RBC Capital Markets and the agents in connection with their role as ratings advisors and agents.
Parties
Company
Oxford Properties Group Trust
Bank
CIBC World Markets Inc.
Bank
RBC Dominion Securities Inc.
Bank
TD Securities
Deal Type
Public/Private OfferingIndustry
InfrastructureTransaction
$ 700,000,000Deal Status
ClosedClosing Date
04 June 2025