CIBC Capital Markets leads C$700 million Oxford Properties Group Trust debt offering

Goodmans LLP acted for CIBC Capital Markets and the agents in connection with their role as Joint Bookrunner for a C$700 million senior unsecured notes offering for Oxford Properties Group Trust (“OPGT”).

The Notes priced at a 3.602% coupon will mature on November 13, 2030. In connection with the transaction, the proceeds from the offering will be used to repay existing unsecured 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.