We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
H and R Real Estate Investment Trust | TSX:HR.UN | Toronto | Trust |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.16 | -1.74% | 9.03 | 8.99 | 9.08 | 9.17 | 9.00 | 9.13 | 654,929 | 21:12:05 |
TORONTO, Jan. 23, 2018 /CNW/ - H&R Real Estate Investment Trust ("H&R REIT" or "H&R") (TSX: HR.UN and HR.DB.D) announced today that it completed its previously announced offering of $250 million principal amount of 3.416% Series O senior unsecured debentures due January 23, 2023 (the "Series O Debentures"). The Series O Debentures were offered on an agency basis by a syndicate of agents co-led and bookrun by BMO Capital Markets, Scotiabank, CIBC Capital Markets, National Bank Financial and TD Securities. The net proceeds from the offering of the Series O Debentures will be utilized by H&R REIT to repay outstanding indebtedness and for general trust purposes.
About H&R REIT
H&R REIT is Canada's largest diversified real estate investment trust with total assets of approximately $14.0 billion as at September 30, 2017. H&R REIT is a fully internalized real estate investment trust and has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 46 million square feet.
Forward-looking Statements
Certain statements in this news release contain forward-looking information within the meaning of applicable securities laws (also known as forward-looking statements). These forward-looking statements include, but are not limited to H&R REIT's plans, objectives, expectations and intentions, including the expected use of proceeds of the offering. Such forward-looking statements reflect H&R REIT's current beliefs and are based on information currently available to management. These statements are not guarantees of future performance and are based on H&R REIT's estimates and assumptions that are subject to risks and uncertainties, including those discussed in H&R REIT's materials filed with the Canadian securities regulatory authorities from time to time, which could cause the actual results and performance of H&R REIT to differ materially from the forward-looking statements contained in this news release. Although the forward-looking statements contained in this news release are based upon what H&R REIT believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements. All forward-looking statements in this news release are qualified by these cautionary statements. These forward-looking statements are made as of today and H&R REIT, except as required by applicable law, assumes no obligation to update or revise them to reflect new information or the occurrence of future events or circumstances.
Additional information regarding H&R REIT is available at http://www.hr-reit.com and on www.sedar.com.
SOURCE H&R Real Estate Investment Trust
Copyright 2018 Canada NewsWire
1 Year H and R Real Estate Inve... Chart |
1 Month H and R Real Estate Inve... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions