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Goodmans Deals & Cases

This section contains brief summaries of selected significant cases and transactions.  You'll also find representative lists  - by year - of major transactions and cases where Goodmans' involvement is a matter of public record or where inclusion in the list has been authorized by our clients.

RioCan REIT Completes $300 Million Debenture Offering

2017

Areas Corporate Finance and Securities, REITs and Income Securities, Tax

Summary

Goodmans represented RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) in its public offering of $300 million principal amount of Series Y senior unsecured debentures on January 16, 2017. The agency syndicate was co-led by RBC Capital Markets, TD Securities and BMO Capital Markets and included CIBC World Markets Inc., Scotia Capital Inc. and National Bank Financial Inc.  The debentures carry a coupon rate of 2.83% and will mature on October 3, 2022. The debentures were sold at a price of $99.997 per $100 principal amount with an effective yield of 2.831% if held to maturity. The offering was made under RioCan's base shelf short form prospectus dated August 10, 2016.