E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/22/2017 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

DBRS rates Omers Realty debt AA (low)

DBRS said it assigned a final rating of AA (low) with a stable trend to Omers Realty Corp.’s C$175 million 2.858% series 7 senior unsecured debentures due Feb. 23, 2024.

The issue is a reopening of the original series 7 issuance of C$375 million that closed on Feb. 18, 2016.

The agency said the reopening does not change the rating assigned to the original series 7 issuance.

Net proceeds will be used to repay certain debt.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.