RioCan Real Estate Investment (TSE:REI.UN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
RioCan Real Estate Investment Trust, a major Canadian property investment company, has announced its decision to redeem $300 million in Series AI senior unsecured debentures ahead of their 2026 maturity date. The redemption will occur on October 4, 2024, at par value plus accrued interest, for a total payout of over $300 million.
For further insights into TSE:REI.UN stock, check out TipRanks’ Stock Analysis page.
