# SmartCentres Closes $450M Debt Financing

> SmartCentres completes $450 million senior unsecured debenture financing to refinance debt and support real estate growth.
- Title: SmartCentres Closes $450M Debt Financing · Pulse 2.0
- Summary: SmartCentres completes $450 million senior unsecured debenture financing to refinance debt and support real estate growth. SmartCentres Real Estate…
- Keywords: smartcentres, senior unsecured debenture, reit, financing, refinance, real estate, startups, business, Closes, 450M, Debt, Pulse 2.0
- Source: Pulse 2.0 — https://pulse2.com/smartcentres-closes-450-million-senior-unsecured-debenture-financing
- Author: Amit Chowdhry
- Published: 2026-10-20T16:19:35+00:00
- Read time: 1 min
- Topics: smartcentres, senior unsecured debenture, reit, financing, refinance, real estate, startups, business
## Financing Details
SmartCentres closed $450 million senior unsecured debenture financing with $150 million Series AC and $300 million Series AE debentures.
## Debt Terms
Series AC debentures carry 3.599% interest and mature June 12, 2029, while Series AE debentures carry 4.795% interest and mature January 15, 2032.
## Use of Funds
SmartCentres plans to refinance existing debt, repay credit facility amounts, mortgages, and support corporate purposes with net proceeds.
## Key takeaway

SmartCentres Real Estate Investment Trust closed $450 million in senior unsecured debenture financing to refinance existing debt and support real estate development.