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Sienna Senior Living Completes $175 Million Debenture Offering

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Sienna Senior Living Completes $175 Million Debenture Offering

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Sienna Senior Living ( (TSE:SIA) ) just unveiled an announcement.

Sienna Senior Living has successfully completed a $175 million offering of Series E senior unsecured debentures, with a 4.112% interest rate maturing in 2030. The proceeds will be used to repay existing debt, finance acquisitions, fund developments, and support general corporate purposes, indicating strong investor confidence in Sienna’s growth plans and the senior living sector.

The most recent analyst rating on (TSE:SIA) stock is a Hold with a C$19.50 price target. To see the full list of analyst forecasts on Sienna Senior Living stock, see the TSE:SIA Stock Forecast page.

Spark’s Take on TSE:SIA Stock

According to Spark, TipRanks’ AI Analyst, TSE:SIA is a Neutral.

Sienna Senior Living’s overall stock score is driven by strong earnings call results, highlighting strategic acquisitions and operational improvements. However, financial performance concerns, particularly around profitability and cash flow, along with a bearish technical outlook and high valuation, moderate the overall score.

To see Spark’s full report on TSE:SIA stock, click here.

More about Sienna Senior Living

Sienna Senior Living Inc. (TSX:SIA) provides a comprehensive range of seniors’ living options, including independent living, assisted living, memory care, long-term care, and specialized programs under its Aspira retirement brand. The company employs approximately 14,500 people dedicated to enhancing daily life for seniors.

Average Trading Volume: 246,271

Technical Sentiment Signal: Buy

Current Market Cap: C$1.67B

For detailed information about SIA stock, go to TipRanks’ Stock Analysis page.

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