RioCan Real Estate Investment Trust Announces Offering of $200 Million of Series AP Senior Unsecured Debentures

TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust ("RioCan†or the "Trust†) (TSX: REI.UN) today announced that it has agreed to issue $200 million principal amount of Series AP senior unsecured debentures (the "Debentures†). The Debentures will be sold at a price of $100 per $100 principal amount, carry a coupon of 4.417% per annum and will mature on October 1, 2032. The net proceeds of the Debentures being offered will be used by the Trust to repay existing indebtedness at or prior. ...