TSX:FCR.UNRetail REITs
What First Capital Real Estate Investment Trust (TSX:FCR.UN)'s Refinancing Of Debentures Means For Shareholders
On December 8, 2025, First Capital Real Estate Investment Trust closed a private placement of CA$250,000,000 Series G senior unsecured debentures, bearing 4.760% interest and maturing February 15, 2035, rated “BBB” with a “Positive” outlook by Morningstar DBRS.
The REIT plans to use the proceeds to help redeem its existing 3.604% Series T debentures ahead of their 2026 maturity, highlighting active balance sheet management and attention to its unsecured debt profile.
We’ll now look at how...