Sienna Announces Offering of $250 Million of 3.524% Series F Senior Unsecured Debentures and Redemption of C$175 Million of Series B Senior Unsecured Debentures
Globenewswire·2025-12-11 23:36

Core Points - Sienna Senior Living Inc. announced the issuance of $250 million in series F senior unsecured debentures with a 3.524% interest rate, maturing on December 18, 2028 [2] - The net proceeds from the offering will be used to redeem $175 million of existing Series B Senior Unsecured Debentures and for general corporate purposes [3] - The Series B Debentures will be redeemed on December 22, 2025, at a redemption price of approximately $1,000.39498 plus accrued interest [5] Company Overview - Sienna Senior Living Inc. provides a variety of senior living options, including independent living, assisted living, memory care, long-term care, and specialized programs [6] - The company employs approximately 15,000 individuals dedicated to enhancing the quality of life for seniors [6]