RioCan REIT completes C$300 million public offering of Series AA senior unsecured debentures

On January 31, 2018, RioCan Real Estate Investment Trust ("RioCan") announced that it completed its issuance of C$300 million principal amount of Series AA 3.209% senior unsecured debentures, maturing on September 29, 2023. The agency syndicate was co-led by RBC Capital Markets, TD Securities and BMO Capital Markets.

RioCan REIT is Canada's largest real estate investment trust with a total enterprise value of approximately C$13.9 billion as of September 30, 2017. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density, transit-oriented areas. Its portfolio is comprised of 294 properties, including 16 development properties, with an aggregate net leasable area of approximately 45 million square feet.

Further information can be found on Globe Newswire's website.