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Sienna Senior Living Completes $175 Million Offering of 4.112% Series E Senior Unsecured Debentures
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Sienna Senior Living Completes $175 Million Offering of 4.112% Series E Senior Unsecured Debentures
Aug 21, 2025 10:29 AM

01:04 PM EDT, 08/21/2025 (MT Newswires) -- Sienna Senior Living ( LWSCF ) on Thursday said it completed an offering of $175 million of series E senior unsecured debentures due 2030.

The company said the debentures were rated "BBB (Stable)" by Morningstar DBRS. They were issued at par, bear interest at a rate of 4.112% per annum and will mature on Aug. 21, 2030.

Proceeds will be used to repay existing indebtedness, finance acquisitions, fund developments and for general corporate needs.

Shares of the company were last seen down $0.07 to $17.94 on the Toronto Stock Exchange.

Price: 17.93, Change: -0.08, Percent Change: -0.44

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