Primaris Real Estate Investment Trust announced a private placement of series D senior unsecured debentures for aggregate principal amount CAD 300,000,000 on November 20, 2023. The debentures will be issued at a price equal to CAD 999.88 per CAD 1,000 principal amount and bear interest at a fixed annual rate of 6.374% per annum, payable in equal semi-annual instalments in arrears on June 30 and December 30 in each year, commencing on June 30, 2024 maturing on June 30, 2029. The company will issue debentures at a discount of 0.0012%.