BRIEF-First Capital Realty announces additional C$150 mln offering

Thu Sep 22, 2016 10:38am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Sept 22 (Reuters) - First Capital Realty Inc :

* First Capital Realty announces an additional C$150 million offering of 3.604% Series T senior unsecured debentures

* Additional debentures were sold at $102.431 per $100 principal amount plus accrued interest

* Debentures carry a coupon rate of 3.604% per annum and will mature on May 6, 2026

* Net proceeds will be used to partially fund capital requirements in connection with recently announced acquisitions

* Net proceeds will be used also to repay amounts outstanding on company's senior unsecured revolving credit facility Source text for Eikon: Further company coverage: