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Prospect News home > News index > List of issuers A > Headlines for Allied Properties Real Estate Investment Trust > News item |
DBRS assigns BBB to Allied Properties notes
DBRS said it assigned a BBB(low) rating to Allied Properties Real Estate Investment Trust’s C$300 million 3.394% series D senior debentures due 2029.
The rating is based on the rating of an already sold series of debentures, DBRS said.
Proceeds from the offering will be used to redeem in full the C$225 million principal amount of its 3.748% series A senior debentures due 2020 and for general trust purposes.
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