Nexus Industrial REIT Prices CA$300 Million Senior Unsecured Debentures

04:40 PM EDT, 09/18/2026 (MT Newswires) -- Nexus Industrial REIT (NXR-UN.TO) after trade Friday said it priced a CA$300 million private placement of senior unsecured debentures, maturing March 29, 2030. The debentures were issued at CA$1,000 per CA$1,000 principal amount and carry a fixed annual interest rate of 4.563%, with interest paid in equal semi-annual installments on March 29 and Sept. 29, starting March 29, 2027, the company said. "It is a condition of closing of the offering that the Debentures be rated at least BBB (low) with a Stable trend by Morningstar DBRS," it added. The proceeds will be used to repay existing debt and for general corporate purposes. The offering is set to close around Sept. 29, the company said.