StorageVault Canada has graduated to the TSX. To mark the move, the company’s chief executive officer, Steven Scott, and chief financial officer, Iqbal Khan, were invited to open the market this morning.
Common shares and debentures for the owner and manager of self-storage facilities have now been delisted from the TSX Venture Exchange and will trade on the TSX under the symbols SVI, SVI.DB and SVI.DB.B. The debentures are StorageVault’s $75-million aggregate principal amount of 5.75 per cent senior unsecured hybrid debentures and its $57.5-million aggregate principal amount of 5.50 per cent senior unsecured hybrid debentures.
StorageVault has a portfolio of 230 storage locations across Canada, including 197 owned sites on more than 630 acres of land and a further 4,500 portable storage units. It now boasts more 10.8 million square feet of rentable space. It also provides client services such as last mile storage and logistics and records management, including document and media storage, imaging and shredding services.