TSX:REI.UNRetail REITs
A Look At RioCan (TSX:REI.UN) Valuation After New Debenture Issue And Rating Outlook Upgrade
Why RioCan’s New Debenture Issue Matters For Investors
RioCan Real Estate Investment Trust (TSX:REI.UN) has agreed to issue $200 million of Series AQ senior unsecured debentures with a 4.308% coupon, following a Morningstar DBRS credit rating confirmation with a Positive trend.
For you as an investor, this financing is important because it shapes RioCan’s funding costs, debt structure and flexibility over the period to the March 11, 2033 maturity date for these debentures.
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