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BRIEF-RIOCAN REIT ANNOUNCES PUBLIC OFFERING OF $300 MLN OF SERIES Z SENIOR UNSECURED DEBENTURES
April 5, 2017 / 4:47 PM / in 8 months

BRIEF-RIOCAN REIT ANNOUNCES PUBLIC OFFERING OF $300 MLN OF SERIES Z SENIOR UNSECURED DEBENTURES

April 5 (Reuters) - Riocan Real Estate Investment Trust

* RIOCAN REIT ANNOUNCES PUBLIC OFFERING OF $300 MILLION OF SERIES Z SENIOR UNSECURED DEBENTURES

* SAYS DEBENTURES, WERE SOLD AT PAR WILL CARRY A COUPON RATE OF 2.194 PCT AND WILL MATURE ON APRIL 9, 2021

* NET PROCEEDS WILL BE USED BY RIOCAN TO FUND DEVELOPMENT, FOR PROPERTY ACQUISITIONS, TO REPAY CERTAIN INDEBTEDNESS Source text for Eikon: Further company coverage:

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