July 28, 2015

H&R REIT Completes $200 Million Debenture Offering

Goodmans represented the syndicate of agents in connection with the completion of a public offering of $200 million principal amount of floating rate Series K senior unsecured debentures due March 1, 2019 by H&R Real Estate Investment Trust (H&R REIT). The syndicate of agents were co-led by RBC Dominion Securities Inc., TD Securities Inc. and CIBC World Markets Inc., and included Scotia Capital Inc. and BMO Nesbitt Burns Inc. The net proceeds of the offering will be used by H&R REIT for the repayment of existing indebtedness and for general trust purposes.

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Goodmans LLP is a stellar outfit for acquisition, joint venture, sale and financing transactions, counting its commanding position within the REIT and hospitality markets among its key points of differentiation. — Legal 500 Canada
One client noted, "Goodmans has been able to respond to complex issues in order to put forward articulate presentations on our behalf within very short time frames," adding, "They have shown excellent judgement on the key issues on which to focus." — Chambers Canada
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Clients note, "Goodmans are very professional, strategic and proactive in counselling us on our land use requirements." — Chambers Canada
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