SmartStop Self Storage REIT, Inc., an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced that it has closed its previously announced $200 million aggregate principal amount of Series B Senior Unsecured Notes, due September 24, 2030.

 The Notes were issued by SmartStop’s operating partnership, SmartStop OP, L.P. The Notes bear interest at a rate of approximately 3.888 percent per annum, payable in cash in equal semiannual installments commencing on March 24, 2026. The Notes are rated BBB mid with a Stable Outlook by Morningstar DBRS.

This Maple Bond marks SmartStop’s second senior unsecured Canadian bond offering.

The Notes were offered on an agency basis by a syndicate of agents that included BMO Capital Markets and National Bank Capital Markets who served as bookrunners, and Scotia Capital Inc. and RBC Dominion Securities Inc. who served as co-managers.