First Capital Realty completes C$60 million reopening of its 4.323% Series S senior unsecured debentures

On July 14, 2014, First Capital Realty Inc. (First Capital Realty) completed its offering of C$60 million aggregate principal amount of Series S senior unsecured debentures, a reopening of the series originally issued in June 2014.

The debentures bear interest at a rate of 4.323% per annum and will mature on July 31, 2025. The offering was completed by a syndicate co-led by CIBC and Scotiabank.

The net proceeds of the offering will be used for repayment of secured and unsecured debt maturing throughout 2014 and 2015.

Further information can be found on First Capital Realty's website.

First Capital Realty is Canada's leading owner, developer and manager of well located, high quality urban retail-centered properties, with ownership interests in 164 properties.