Woodgrove Centre, Nanaimo, BC, $100,000,000 Term Loan, Funded October 2021. Citifund is pleased to have arranged the $100,000,000 term loan on the Woodgrove Shopping Centre. Despite pandemic uncertainty in the retail market, Citifund was able to arrange a five-year fixed-rate term loan with a long-term rate hold at 3.22% (175 basis points effective spread over the 5-year bond) in a rapidly increasing bond market.