TSX:REI.UNRetail REITs
RioCan’s New Debentures And Monthly Payouts Could Be A Game Changer For RioCan (TSX:REI.UN)
RioCan Real Estate Investment Trust has recently declared a monthly cash distribution of C$0.0965 per unit for March 2026, payable on April 8, 2026, to unitholders of record on March 31, 2026.
The trust also closed a C$200,000,000 issue of Series AQ senior unsecured debentures maturing in 2033 with a 4.308% coupon and a BBB rating with Positive trend from Morningstar DBRS, underscoring its continued access to unsecured funding for refinancing existing debt.
We’ll now examine how this...