May 30, 2014
Torys represented the underwriters led by RBC Capital Markets, TD Securities and BMO Capital Markets with a team that included Patricia Koval, Josh Lavine and Tiffany Ramsubick.
On May 30, 2014, RioCan Real Estate Investment Trust (RioCan) announced that it completed its previously announced public offering of C$150 million principal amount of Series V senior unsecured debentures. The debentures carry a coupon rate of 3.746% and will mature on May 30, 2022.
The bought deal offering, announced May 22, 2014, was underwritten by a syndicate co-led by RBC Capital Markets, TD Securities and BMO Capital Markets.
RioCan is Canada's largest real estate investment trust with a total capitalization of approximately $14.5 billion as at March 31, 2014.
Further information can be found on RioCan’s website.