Sienna Senior Living Raises $144 Million Through Share Offering

Sienna Senior Living ( (TSE:SIA) ) has provided an announcement.

Sienna Senior Living has successfully closed a bought deal offering of common shares, raising approximately $144 million. The proceeds will be used to fund acquisitions of retirement and long-term care residences in Ontario and support strategic growth initiatives, positioning Sienna for future expansion in the senior living industry.

More about Sienna Senior Living

Sienna Senior Living Inc. (TSX:SIA) provides a comprehensive range of senior living options, including independent living, assisted living, memory care, long-term care, and specialized programs under the Aspira retirement brand. The company employs approximately 13,500 people dedicated to enhancing the happiness of its residents.

YTD Price Performance: 0.51%

Average Trading Volume: 243,406

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$1.29B

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