trending Market Intelligence /marketintelligence/en/news-insights/trending/lhjmdq5lructgpjfax31eq2 content esgSubNav
In This List

Choice Properties REIT completes issuance of C$1.3B of debentures

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


Choice Properties REIT completes issuance of C$1.3B of debentures

Retail-focused Choice Properties Real Estate Investment Trust completed the issuance of C$1.3 billion of senior unsecured debentures in two series, to partly finance its roughly C$16 billion merger with Canadian REIT.

The debentures were issued in a private placement comprising C$550.0 million of 3.556% series K senior unsecured debentures due Sept. 9, 2024, and C$750.0 million of 4.178% series L senior unsecured debentures due March 8, 2028.

TD Securities, RBC Capital Markets, CIBC Capital Markets and BMO Capital Markets co-led the agents carrying out the sale of the debentures.