Allied Properties REIT is offering $450 million in series N senior unsecured debentures, maturing on September 25, 2031, with an interest rate of 4.667%. The debentures will support green projects and other financial needs. The offering, led by RBC Capital Markets and Scotiabank, is set to close on September 25, 2025. The debentures are expected to be rated “BBB” with a Negative trend by Morningstar DBRS and will rank equally with other unsecured debt. The debentures are not registered in the US and cannot be sold there. Allied is a leading owner-operator of urban workspace in Canada’s major cities.

Read more at GlobeNewswire: Allied Announces $450 Million Green Bond Offering