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DBRS assigns BBB to Primaris notes
DBRS said it assigned a BBB(high) rating to Primaris Real Estate Investment Trust’s C$250 million of 5.934% series C senior unsecured debentures due March 19, 2028.
The rating is based upon an already-outstanding series of senior unsecured debentures, the agency said.
The proceeds are expected to be used to repay debt and for general trust purposes.
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