BTB announces the implementation of lines of credit with Laurentian Bank of Canada

BTB announces the implementation of lines of credit with Laurentian Bank of 
Canada 
MONTRÉAL, April 15, 2014 /CNW Telbec/ - BTB Real Estate Investment Trust 
(TSX: BTB.UN) ("BTB") announces that on April 15, 2014 it has secured with the 
Laurentian Bank of Canada an acquisition line of credit of $15M and an 
operation line of credit of $2M. Compared to the acquisition line of credit 
previously in place, the interest rate of this new acquisition line of credit 
is 200 basis points less and will therefore enable BTB to save on its 
financial costs when using the acquisition line. 
About BTB 
BTB is a real estate investment trust listed on the Toronto Stock Exchange. 
BTB is an important owner of properties in eastern Canada. BTB owns 69 
commercial, office and industrial properties for a total rentable area of 
approximately 4.6 million square feet. BTB's asset value is in excess of 
$545M. The objectives of BTB are: i) to grow its revenues from its assets to 
increase distributable income and therefore fund distributions; (ii) to 
maximize the value of its assets through dynamic management of its properties 
in order to sustain the long-term value of its units; and (iii) to generate 
cash distributions that are fiscally beneficial to unitholders. 
BTB offers a distribution reinvestment plan to unitholders whereby the 
participants may elect to have their monthly cash distribution reinvested in 
additional units of BTB at a price based on the weighted average price for 
BTB's Units on the Toronto Stock Exchange for the five trading days 
immediately preceding the distribution date, discounted by 5%.
 

SOURCE  BTB Real Estate Investment Trust 
Mr. Michel Léonard, President and Chief Executive Officer, 514-286-0188 ext. 
228 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/April2014/15/c3458.html 
CO: BTB Real Estate Investment Trust
ST: Quebec
NI: FIN REL ECO  
-0- Apr/15/2014 15:31 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.