Cominar to sell $100 million of Series 3 senior unsecured debentures due November 2, 2020 on a bought deal basis

Cominar to sell $100 million of Series 3 senior unsecured debentures due 
November 2, 2020 on a bought deal basis 
QUÉBEC CITY, April 29, 2013 /CNW Telbec/ - Cominar Real Estate Investment 
Trust ("Cominar") (TSX: CUF.UN) announced today that it has agreed to sell to 
a syndicate of underwriters, on a bought-deal basis, $100 million of 4.00% 
Series 3 senior unsecured debentures due November 2, 2020 (the "Debentures") 
at a price of $1,000 per $1,000 principal amount of Debentures. The offering 
of the Debentures is expected to close on or about May 2, 2013. 
Cominar intends to use the net proceeds of the offering of approximately $98.5 
million (after deducting the estimated expenses of the offering and the 
underwriters' fee), to repay amounts outstanding under its credit facility and 
for general trust purposes, thus replacing shorter-term debt with longer-term 
debt at a favorable long-term interest rate without increasing its aggregate 
The Debentures will be publicly offered in Canada, under Cominar's previously 
filed base shelf prospectus (the "Prospectus"), pursuant to an Underwriting 
Agreement with National Bank Financial Inc. and BMO Capital Markets, as 
co-lead underwriters, along with a syndicate that also includes RBC Dominion 
Securities Inc., Desjardins Securities Inc., CIBC World Markets Inc., Scotia 
Capital Inc. and TD Securities Inc. Cominar will also file with applicable 
securities regulators in each of the provinces and territories of Canada a 
prospectus supplement to the Prospectus (the"Prospectus Supplement") 
relating to the offering of the Debentures. Copies of the Prospectus and the 
Prospectus Supplement will be available on the Internet at 
This news release does not constitute an offer to sell or the solicitation of 
an offer to buy the Debentures in any jurisdiction. The Debentures being 
offered have not been approved or disapproved by any regulatory authority nor 
has any such authority passed upon the accuracy or adequacy of the Prospectus 
or the Prospectus Supplement. 
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 April 29, 2013 
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 500 
high-quality properties, consisting of 123 office, 157 retail and 220 
industrial and mixed-use buildings with a leasable area of approximately 37 
million square feet spread out across 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 
integrated, 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 
To view this news release in HTML formatting, please use the following URL: 
ST: Quebec
-0- Apr/29/2013 18:07 GMT
Press spacebar to pause and continue. Press esc to stop.