RioCan Real Estate Investment Trust

10:47 AM EST - RioCan Real Estate Investment Trust : Has closed its previously announced offering of $500 million principal amount of Series AD senior unsecured debentures. The Debentures are RioCan’s second Green Bond. Issued at par, the Debentures carry an annual coupon rate of 1.974% with a five and half-year term, maturing on June 15, 2026. The Debentures were sold on a private placement basis in certain provinces of Canada. The offering was made on an agency basis by a syndicate of agents co-led by TD Securities, RBC Capital Markets, BMO Capital Markets, CIBC Capital Markets and Scotia Capital Inc. RioCan Real Estate Investment Trust shares T.REI.UN are trading up $0.22 at $17.58.

Stocks in Play