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GO Residential Real Estate Investment Trust Announces C$325 Million Inaugural Unsecured Debenture Offering

GO Residential Real Estate Investment Trust Announces C$325 Million Inaugural Unsecured Debenture...

articleGo Residential Real Estate Investment TrustFebruary 11, 20265/company/go-residential-real-estate-investment-trust/news/go-residential-real-estate-investment-trust-announces-cdollar325-million-inaugural-unsecured-debenture-offering
GO Residential Real Estate Investment Trust Announces C$325 Million Inaugural Unsecured Debenture Offering

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[{"type":"text","content":"\n\n\nGO Residential Real Estate Investment Trust Announces C$325 Million Inaugural Unsecured Debenture Offering\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\n/Not for distribution in the United States or dissemination through U.S. news or wire services/TORONTO, Feb. 11, 2026 /CNW/ - GO Residential Real Estate Investment Trust (the \"REIT\") (TSX: GO.U) announced today that its operating subsidiary, GO Residential Operating LLC (\"OpCo\"), has agreed to issue on a private placement basis (the \"Offering\") C$325 million principal amount of senior unsecured debentures maturing February 13, 2029 (the \"Debentures\"). The Debentures will be sold at par and are being offered on a private placement basis in each of the provinces and territories of Canada by a syndicate of agents led by CIBC Capital Markets (as Lead Bookrunner), and includes RBC Capital Markets (as Co-Lead Manager), BMO Capital Markets and Desjardins Securities.\n\n\n\n\n\n\n\n\"Today marks a pivotal moment for the REIT as we celebrate the pricing of OpCo's inaugural unsecured debenture offering, which garnered broad interest from top-tier institutional investors nationwide,\" said Joshua Gotlib, Chief Executive Officer and Chief Investment Officer of the REIT. \"This achievement serves as another example of our prudent and proactive approach to the balance sheet, which includes diversification of our funding sources. The proceeds from today's offering strengthen our ability to execute on our growth initiatives and deliver significant value to unitholders.\"Meyer Orbach, Chairman of the REIT, added: \"The success of the offering, following receipt of an investment grade rating from Morningstar DBRS, is a powerful validation by the market of the quality of our assets, the resiliency of our business model and the expertise of our management team. Closing our inaugural unsecured bond offering represents the latest step in our commitment to become a preeminent owner and operator of luxury high-rise multifamily properties.\"The Debentures will bear interest at...

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