Sienna Senior Living completes C$250 million Series F unsecured debentures
On December 18, 2025, Sienna Senior Living Inc. (“Sienna”) completed its issuance of C$250 million aggregate principal amount of Series F senior unsecured debentures. The debentures were issued at par, bear interest at 3.524% per annum, and mature on December 18, 2028.
The offering was made by way of a private placement, conducted on a best-efforts agency basis, with a syndicate of agents co-led by BMO Nesbitt Burns Inc., TD Securities, and CIBC Capital Markets, as joint lead agents and bookrunners. The debentures were rated “BBB (Stable)” by Morningstar DBRS.
Sienna intends to use the net proceeds from the offering to fund the early redemption of its C$175 million Series B senior unsecured debentures (3.450%, due February 27, 2026) on December 22, 2025, and/or for general corporate purposes.
Further information can be found on GlobeNewswire’s website.
Sienna offers a full range of seniors' living options, including independent living, assisted living, long-term care, and specialized programs and services.