George Weston (TSE:WN) has released an update.
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George Weston Limited is set to issue $250 million in senior unsecured notes to accredited Canadian investors, with a 4.193% annual interest rate and a maturity date of September 5, 2029. The offering is led by a syndicate including BMO, CIBC, and RBC Capital Markets, and the proceeds will serve for general corporate purposes. The notes, subject to customary closing conditions and minimum credit ratings, are expected to close on September 5, 2024.
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