First Capital Realty (TSE:FCR.UN) has released an update.
First Capital REIT has announced a C$200 million offering of Series D senior unsecured debentures, with proceeds intended to repay existing debt and support general business activities. These debentures, set to mature in 2030, offer a 4.513% interest rate and are expected to close on November 1, 2024, pending a BBB (positive) rating by DBRS.
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