CubeSmart Announces Pricing of Public Offering of $250 Million of 4.80% Senior Unsecured Notes

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.