Latham Represents SmartStop Self Storage REIT, Inc. in Recasting of Its Multi-Currency Credit Facility
SmartStop Self Storage REIT, Inc. (SmartStop) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, has announced that it has completed an amended and restated senior unsecured credit facility in the initial amount of US$500 million. The financing will provide SmartStop with additional flexibility to support its continued growth across the United States and Canada.
Latham & Watkins LLP represented SmartStop in the refinancing with a banking team led by partner Jason Bosworth and associate Jeff Najjar, with assistance from Daniella Moretti. Advice was also provided on tax matters by partner Pardis Zomorodi and counsel Kathryn Harrington.