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Cannabis REIT Innovative Industrial Properties To Raise $300M Via Senior Notes Offering

Cannabis REIT Innovative Industrial Properties To Raise $300M Via Senior Notes Offering

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Innovative Industrial Properties, Inc IIPR announced that its operating partnership, IIP Operating Partnership, LP, has commenced a public offering, subject to market and other conditions, of $300 million aggregate principal amount of senior notes due 2027. The notes will be the operating partnership’s general unsecured and unsubordinated obligations, and fully and unconditionally guaranteed by the company and the Operating Partnership’s subsidiaries.

...read full article on Benzinga

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