H&R REIT Completes $200 Million Bought Deal Financing

Goodmans LLP acted for the underwriters for H&R REIT's public offering of $200 million principal amount of 2.923% Series L senior unsecured debentures due May 6, 2022. The debentures were sold to a syndicate of underwriters co-led by BMO Nesbitt Burns Inc., CIBC World Markets Inc., Scotia Capital Inc. and TD Securities 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.