CubeSmart CUBE announced today that its
operating partnership, CubeSmart, L.P. (the "Operating Partnership"),
has priced an underwritten public offering of $250 million of 4.80%
senior unsecured notes due July 15, 2022. The notes were priced at
99.855% of the principal amount to yield 4.818% to maturity. The
notes are fully and unconditionally guaranteed by CubeSmart. The
offering is expected to close on June 26, 2012, subject to customary
closing conditions.
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