H&R Real Estate Investment Trust (TSX: HR.UN) has completed its previously announced offering of $200 million principal amount of 3.369% Series N senior unsecured debentures due January 30, 2024.
The financing is offered on a bought deal basis through a syndicate of underwriters co-led by BMO Capital Markets, CIBC Capital Markets, Scotiabank and TD Securities.
Blake, Cassels & Graydon LLP and Goodmans LLP acted as legal counsels to H&R REIT and the underwriters respectively.
H&R REIT intends to use net proceeds to repay outstanding indebtedness and for general trust purposes.
photo credit: H&R Real Estate Investment Trust
Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.
Latest posts by Ted Liu (see all)
- Suncor Energy invests additional $50M in Enerkem - October 15, 2019
- Google CapitalG backed Applied Systems acquires Policy Works - October 15, 2019
- Voilà! secures $3M first round of financing - October 10, 2019