Sienna Senior Living completes C$175 million offering of Series E senior unsecured debentures
On August 21, 2025, Sienna Senior Living Inc. (“Sienna”) announced that it completed its previously announced offering of C$175 million aggregate principal amount of Series E senior unsecured debentures. The debentures were sold by way of a private placement in each of the provinces of Canada and were issued at par, bear interest at a rate of 4.112% per annum and will mature on August 21, 2030.
The offering was co-led by BMO Nesbitt Burns Inc., TD Securities and CIBC Capital Markets, as joint lead agents and bookrunners.
Sienna intends to use the net proceeds from the offering to repay existing indebtedness, finance acquisitions, fund developments and for general corporate purposes.
Further information can be found on Globe Newswire’s website.
Sienna offers a full range of seniors' living options, including independent living, assisted living, long-term care, and specialized programs and services.