CubeSmart Closes Offering of Senior Unsecured Notes
Vinson & Elkins served as underwriters’ counsel in connection with an offering by CubeSmart L.P. of $350 million aggregate principal amount of 4.375% senior unsecured notes due 2029 in an underwritten public offering. The offering closed on January 31, 2019.
CubeSmart L.P. is the operating partnership of CubeSmart, a self-administered and self-managed real estate investment trust. The company’s self-storage properties are designed to offer affordable, easily accessible, and, in most locations, climate-controlled storage space for residential and commercial customers.
The V&E corporate team was led by partners Chris Green and David Stone with associates Dylan Coons, Sheldon Nagesh and Erin Walsh. Tax advice was provided by partner Chris Mangin and senior associate Paige Anderson.
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