February 27, 2017 / 10:44 PM / 10 months ago

BRIEF-Crombie REIT announces offering of an additional $75 million series B notes

Feb 27 (Reuters) - Crombie Real Estate Investment Trust :

* Crombie REIT announces offering of an additional $75 million series B notes

* Crombie REIT - additional $75 million aggregate principal amount of 3.962 percent series B notes (senior unsecured) maturing June. 1, 2021

* Crombie REIT-additional notes were sold at price of $1,018.84 per $1,000.00 principal amount plus accrued interest

* Crombie REIT - proceeds of the offering will be used primarily to repay bank indebtedness and maturing mortgages in short term Source text for Eikon: Further company coverage:

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