CIBC Capital leads C$400 million Oxford Properties Group Trust debt offering

Goodmans LLP acted for CIBC Capital Markets, as Lead Left Joint Bookrunner, and the agents in connection with a C$400 million senior unsecured notes offering for Oxford Properties Group Trust (“OPGT”).

The notes priced at a 4.517% coupon will mature on November 4, 2031. The net proceeds of the offering will be used to repay existing indebtedness of OPGT.

CIBC Capital Markets is an investment banking subsidiary of the Canadian Imperial Bank of Commerce (CIBC) that also serves as a debt placement agent for Canadian real estate entities.