QuadReal closes C$400 million senior note offering
On February 4, 2021, QuadReal Property Group ("QuadReal") announced the successful closing of C$400 million of 1.073% Series 3 senior notes maturing February 4, 2026 issued by BCI QuadReal Realty ("BQR"). BQR serves as the primary issuing entity of unsecured notes for British Columbia Investment Management Corporation's ("BCI") real estate program.
The senior notes were offered on a private placement basis to accredited investors in Canada by a syndicate of agents co-led by RBC Dominion Securities Inc., TD Securities Inc., Scotiabank and CIBC and included HSBC, BMO Capital Markets and National Bank.
Further information can be found on Globe Newswire’s website.
QuadReal is a global real estate investment, operating and development company. QuadReal manages the real estate and mortgage programs of BCI, a Canadian leader in investment fund management that provides services to British Columbia's public sector.