Metro Inc,

09:45 AM EST - Metro Inc, : Announced the closing of a private placement offering of $400 million aggregate principal amount of 3.413% Series I fixed rate senior unsecured notes due February 28, 2050. The Notes are being offered through an agency syndicate consisting of BMO Capital Markets, National Bank Financial Markets and RBC Capital Markets as co-lead managers and co-bookrunners, together with CIBC Capital Markets, Scotiabank, TD Securities, Desjardins Securities and MUFG Securities (Canada) as co-managers.The Notes, which carry a coupon of 3.413%, were priced at $1,000 per $1,000 principal amount, for an effective yield of 3.413% per annum if held to maturity. Metro Inc, shares T.MRU are trading down $0.17 at $54.22.