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H&R completes C$150M senior debenture offering

H&R Real Estate Investment Trust completed its offering of C$150 million principal amount of floating rate series M senior unsecured debentures due July 23, 2019.

The net proceeds of the offering will be used to repay existing debt and for general trust purposes.

The syndicate of agents was co-led and book run by TD Securities, Scotia Capital, BMO Capital Markets and CIBC World Markets.