Colliers completes issuance of US$150 million and €125 million of senior unsecured notes
Torys acted as counsel to Colliers International Group with a team led by Darien Leung, Emily Durling and Rebecca Jennings (financing).
On October 7, 2021, Colliers International Group Inc. ("Colliers") closed its previously announced private placement notes issuances, consisting of US$150 million of 3.02% notes due 2031 and €125 million of 1.52% notes due 2031. The notes rank equally with Colliers’ senior unsecured revolving credit facility and existing senior unsecured Euro notes due 2028. The proceeds of the notes issuances will be used for general corporate purposes and to reduce outstanding borrowings under its revolving credit facility.
Further information can be found on Colliers' website.
Colliers is a leading diversified professional services and investment management company.