Allied Completes $450 Million Green Bond Offering

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TORONTO, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has completed its previously announced offering, on a private placement basis in certain provinces of Canada (the “Offering”), of $450 million aggregate principal amount of series K senior unsecured debentures that will bear interest at a rate of 4.808% per annum and will mature on February 24, 2029 (the “Debentures”).

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