Cominar announces closing of $200 million of 4.23% Series 2 senior unsecured debentures

Cominar announces closing of $200 million of 4.23% Series 2 senior unsecured 
debentures 
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./ 
QUEBEC CITY, Dec. 4, 2012 /CNW Telbec/ - Cominar Real Estate Investment Trust 
("Cominar") (TSX: CUF.UN) announces today that it has closed its previously 
announced public offering of $200 million aggregate principal amount of 4.23% 
Series 2 senior unsecured debentures due December 4, 2019 (the "Debentures"). 
The Debentures were sold pursuant to an Agency Agreement with National Bank 
Financial Inc. and BMO Capital Markets, as co-lead agents, along with a 
syndicate that also includes Desjardins Securities Inc., RBC Dominion 
Securities Inc., CIBC World Markets Inc., Scotia Capital Inc., TD Securities 
Inc., HSBC Securities (Canada) Inc., Canaccord Genuity Corp., Dundee 
Securities Ltd. and Macquarie Capital Markets Canada Ltd. for total net 
proceeds to Cominar of approximately $199.0 million, after deducting the 
agents' fee and the expenses of the offering. The proceeds from the sale of 
the Debentures will be used to repay amounts outstanding under its credit 
facilities, thus replacing short-term indebtedness with longer term debt. 
The Debentures have not been and will not be registered under the United 
States Securities Act of 1933 and accordingly will not be offered, sold or 
delivered, directly or indirectly within the United States, its possessions 
and other areas subject to its jurisdiction or to, or for the account or for 
the benefit of a U.S. person, except pursuant to applicable exemptions from 
the registration requirements. 
PROFILE as at December 4, 2012 
Cominar is the third largest diversified real estate investment trust in 
Canada and currently remains the largest commercial property owner in the 
Province of Québec. Cominar owns a real estate portfolio of 482 high-quality 
properties, consisting of 122 office, 158 retail and 202 industrial and 
mixed-use buildings that cover a total area of 35 million square feet in 
Québec, Ontario, the Atlantic Provinces and Western Canada. Cominar's 
objectives are to pay growing cash distributions to unitholders and to 
maximize unitholder value by way of proactive management and the expansion of 
its portfolio. 
Forward-Looking Statements 
This press release may contain forward-looking statements with respect to 
Cominar and its operations, strategy, financial performance and financial 
condition. These statements generally can be identified by the use of 
forward-looking words such as "may", "will", "expect", "estimate", 
"anticipate", "intend", "believe" or "continue" or the negative thereof or 
similar variations. The actual results and performance of Cominar discussed 
herein could differ materially from those expressed or implied by such 
statements. Such statements are qualified in their entirety by the inherent 
risks and uncertainties surrounding future expectations. Some important 
factors that could cause actual results to differ materially from 
expectations include, among other things, general economic and market 
factors, competition, changes in government regulation and the factors 
described under "Risk Factors" in the Annual Information Form of Cominar. 
The cautionary statements qualify all forward-looking statements attributable 
to Cominar and persons acting on its behalf. Unless otherwise stated, all 
forward-looking statements speak only as of the date of this press release. 
Mr. Michel Dallaire, P.Eng. President and Chief Executive Officer, Cominar 
Real Estate Investment  Trust (418) 681-8151 
Mr. Michel Berthelot Executive Vice President and Chief Financial Officer, 
Cominar Real  Estate Investment Trust (418) 681-6300 ext. 2266 
SOURCE: COMINAR REAL ESTATE INVESTMENT TRUST 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/December2012/04/c5840.html 
CO: COMINAR REAL ESTATE INVESTMENT TRUST
ST: Quebec
NI: FND PVT  
-0- Dec/04/2012 13:48 GMT
 
 
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