Sienna Senior Living to enter into $100 million term credit facility

By Taylor Fox

New York, Sept. 16 – Sienna Senior Living Inc. expects to enter into a $100 million secured term credit facility with an initial term of one year, according to a news release.

The facility may be extended for an additional one-year term, subject to conditions.

The credit facility is expected to be secured by three retirement residences of Sienna.

Markham, Ont.-based Sienna Senior Living is a leading seniors' living provider with 84 seniors' living residences in key markets in Canada.

© 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.