RioCan REIT to Redeem $300M Debentures Early
Company Announcements

RioCan REIT to Redeem $300M Debentures Early

Story Highlights

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

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.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskRioCan Completes Major $700 Million Debenture Issuance
TipRanks Canadian Auto-Generated NewsdeskRioCan Launches $700 Million Debenture Offering
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