trending Market Intelligence /marketintelligence/en/news-insights/trending/gl6aZgUB4CQY8RMjEnbsWg2 content esgSubNav
In This List

Allied Properties REIT prices upsized C$300M debentures offering

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Allied Properties REIT prices upsized C$300M debentures offering

Allied Properties REIT priced an upsized offering of C$300 million of 3.394% series D senior unsecured debentures due Aug. 15, 2029.

The Canadian company aims to use the net proceeds to redeem its C$225.0 million of 3.748% series A senior unsecured debentures due May 13, 2020. The remainder will be used for general trust purposes.

A syndicate of agents led by Scotia Capital Inc., BMO Nesbitt Burns Inc. and CIBC World Markets Inc. is offering the debentures on an agency basis, with completion expected on or about Aug. 15.