RioCan Launches $700 Million Debenture Offering
Company Announcements

RioCan Launches $700 Million Debenture Offering

Story Highlights

RioCan Real Estate Investment (TSE:REI.UN) has released an update.

RioCan Real Estate Investment Trust has announced a $700 million offering of senior unsecured debentures, with plans to use the proceeds for repaying existing debt and general business purposes. The two series of debentures will have differing interest rates and maturity dates, and the offering is led by a syndicate of agents with an expected close date of October 3, 2024.

For further insights into TSE:REI.UN stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskRioCan Completes Major $700 Million Debenture Issuance
TipRanks Canadian Auto-Generated NewsdeskRioCan REIT to Redeem $300M Debentures Early
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App