George Weston (TSE:WN) has released an update.
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George Weston Limited has successfully completed the issuance of $250 million in senior unsecured notes to accredited investors, with a 4.193% interest rate, due in 2029. The Canadian company plans to allocate the net proceeds for general corporate purposes. Ratings for the notes have been provided by DBRS Limited and Standard & Poor’s Rating Services, both assigning a ‘BBB’ rating with a stable outlook.
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