financetom
Business
financetom
/
Business
/
First Capital REIT Closes $300 Million Offering of Series C Senior Unsecured Debentures
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
First Capital REIT Closes $300 Million Offering of Series C Senior Unsecured Debentures
Jun 12, 2024 6:19 AM

08:49 AM EDT, 06/12/2024 (MT Newswires) -- First Capital Real Estate Investment Trust (FCR-UN.TO) said Wednesday that it has completed its $300 million offering of Series C senior unsecured debentures on a private placement basis.

The debentures were issued at par, bear interest at a rate of 5.455% per annum, and will mature on June 12, 2032.

The company plans to use the proceeds to repay existing debt.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BRIEF-Flyexclusive Announces Acquisition Of Volato'S Aircraft Sales Division, Vaunt Platform, & Mission Control Software
BRIEF-Flyexclusive Announces Acquisition Of Volato'S Aircraft Sales Division, Vaunt Platform, & Mission Control Software
Oct 7, 2025
Oct 7 (Reuters) - Flyexclusive Inc ( FLYX ): * FLYEXCLUSIVE INC ( FLYX ): ANNOUNCES STRATEGIC ACQUISITION OF VOLATO'S AIRCRAFT SALES DIVISION, VAUNT PLATFORM, & MISSION CONTROL SOFTWARE * FLYEXCLUSIVE INC ( FLYX ): WILL ISSUE $2.1 MILLION OF FLYX STOCK IMMEDIATELY TO VOLATO * FLYEXCLUSIVE INC ( FLYX ): SECURES RIGHT TO ACQUIRE VAUNT & MISSION CONTROL, ALONG...
Jet.AI Announces Successful Closing of AI Infrastructure Acquisition Corp., Adding Approximately $20 Million in Book Equity from Its Ownership Stake
Jet.AI Announces Successful Closing of AI Infrastructure Acquisition Corp., Adding Approximately $20 Million in Book Equity from Its Ownership Stake
Oct 7, 2025
LAS VEGAS, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Jet.AI ( JTAI ) (the Company) , a provider of high-performance GPU infrastructure and AI cloud services, announced that on October 3, 2025, AI Infrastructure Acquisition Corp. , a special purpose acquisition company (SPAC), has successfully closed its initial public offering of 12,000,000 units at an offering price of $10.00 per unit....
Why Is James Hardie Stock Surging Tuesday
Why Is James Hardie Stock Surging Tuesday
Oct 7, 2025
James Hardie Industries plc ( JHIUF ) stock is surging premarket on Tuesday after the company disclosed preliminary second-quarter FY26 results. The company projects net sales of $1.29 billion to $1.30 billion (vs. consensus of $1.19 billion) and adjusted EPS of 26 cents to 27 cents (vs. 16 cents consensus). James Hardie expects adjusted EBITDA of $326 million-$331 million and...
Aptean Expands Dealer Management Platform and Nordic Footprint Through Acquisition of JMA
Aptean Expands Dealer Management Platform and Nordic Footprint Through Acquisition of JMA
Oct 7, 2025
RANDERS, Denmark and ALPHARETTA, Ga., Oct. 07, 2025 (GLOBE NEWSWIRE) -- Aptean Inc., a global front-runner of AI-driven ERP solutions, is pleased to announce the acquisition of JMA A/S (“JMA”), a leading provider of dealer management system solutions for the heavy equipment, agricultural and construction machinery vertical in the Nordic market, headquartered in Randers, Denmark. The acquisition of JMA further...
Copyright 2023-2026 - www.financetom.com All Rights Reserved