TSXV:SSS.P - Post by User
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chronictaton May 31, 2019 9:15am
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Summit Industrial Income REIT Files Final Base Shelf Prospec
Summit Industrial Income REIT Files Final Base Shelf ProspecTORONTO, May 29, 2019 /CNW/ - Summit Industrial Income REIT ("Summit" or the "REIT") (TSX: SMU.UN) announced today that it has filed and obtained a receipt for a final base shelf prospectus. The final base shelf prospectus was filed with securities regulatory authorities in each of the provinces and territories of Canada on May 28, 2019 for the purpose of the sale of securities. The final base shelf prospectus is valid for a 25-month period, during which time Summit may issue, from time-to-time, units, debt securities, subscription receipts, or any combination thereof, having an aggregate offering price of up to CDN$1 billion. The base shelf prospectus was filed to provide Summit with financial flexibility and efficient access to Canadian capital markets. It replaces the previous final base shelf prospectus which expired this month.