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RioCan REIT to Redeem $300M Debentures Early
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RioCan REIT to Redeem $300M Debentures Early

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

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RioCan Real Estate Investment Trust, a major Canadian property investment company, has announced its decision to redeem $300 million in Series AI senior unsecured debentures ahead of their 2026 maturity date. The redemption will occur on October 4, 2024, at par value plus accrued interest, for a total payout of over $300 million.

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

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