May 31, 2024

RioCan REIT issues private placement offering of $300 million debentures

Goodmans LLP advised RioCan REIT in connection with a transaction that involved a brokered private placement offering of $300 million principal amount of Series AK senior unsecured debentures by RioCan Real Estate Investment Trust.

The offering was made on an agency basis by a syndicate of agents co-led by TD Securities, CIBC Capital Markets, RBC Capital Markets, BMO Capital Markets, Scotia Capital and Desjardins Securities.

RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work.

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