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RioCan announces call of 4.91% series F unsecured debentures due 2011
By Toni Weeks
San Diego, Dec. 15 - RioCan Real Estate Investment Trust announced that it is redeeming all of its C$200 million 4.91% series F senior unsecured debentures due March 8, 2011 on Jan. 20. The total redemption price per C$1,000 principal amount is C$1,004.89 plus accrued interest of C$18.02575.
RioCan will use cash on hand to fund the redemption.
Toronto-based RioCan is Canada's largest real estate investment trust with ownership interests in 289 retail properties.
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