09:47 AM EST, 02/04/2025 (MT Newswires) -- Granite Real Estate Investment Trust (GRT-UN.TO) on Tuesday rose 1% after its unit, Granite LP, completed a previously announced offering of $300 million of Series 10 senior unsecured debentures, maturing on Dec. 11, 2026.

Granite LP also repaid its $300 million senior unsecured non-revolving term facility in full, using the net proceeds from the offering.

Shares of the company were last seen up $0.74 at $67.16 in early morning trading on the Toronto Stock Exchange.

Price: 67.39, Change: +0.97, Percent Change: +1.46