RioCan REIT to Issue $200 Million of Series AP Senior Unsecured Debentures-February 2024-www.financetom.com

RioCan REIT to Issue $200 Million of Series AP Senior Unsecured Debentures

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RioCan REIT to Issue $200 Million of Series AP Senior Unsecured Debentures

Sep 20, 2025 11:55 PM

07:10 AM EDT, 09/19/2025 (MT Newswires) -- RioCan REIT (REI-UN.TO) overnight Thursday agreed to issue $200 million principal amount of Series AP senior unsecured debentures.

The debentures will be sold at $100 per $100 principal amount, carry a coupon of 4.417% per annum and will mature on Oct. 1, 2032.

Proceeds will be used by the Trust to repay existing indebtedness at or prior to maturity. The balance of proceeds, if any, will be used for general business needs, it added.

Shares of the company closed down 0.1% to $18.96 on the Toronto Stock Exchange Thursday.

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