Posted AT 11:00 AM EST on 28/10/09
RioCan raises $150-million
Three days after announcing a $181-million alliance with a major U.S. shopping mall owner, RioCan REIT said it will raise $150-million on the debt markets. The company will issue debentures with a coupon rate of 5.65 per cent in a bought deal through a syndicate led by RBC Capital Markets and Scotia Capital.
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