Avenue Living completes C$400 million senior unsecured debenture offering

On January 15, 2026, Avenue Living (2014) LP (“Avenue Living”) announced the completion of its previously announced offering of C$400 million aggregate principal amount of Series C senior unsecured debentures, maturing July 15, 2029. The debentures were offered on a private placement basis in each of the provinces of Canada led by RBC Capital Markets and including BMO Capital Markets, CIBC Capital Markets, and TD Securities.

The debentures bear interest at a fixed annual rate of 4.653% per annum, payable in equal semi-annual instalments in arrears on July 15 and January 15 in each year, commencing on July 15, 2026, until maturity, unless redeemed at an earlier date.

Net proceeds from the offering will be used to refinance existing indebtedness and for general corporate purposes.

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

Avenue Living is a property owner/operator with over C$9 billion in assets under management across more than 50 markets in Canada and the United States.