OMERS Realty Corporation completes C$450M private placement of 4.96% Series 15 Senior Unsecured Debentures

Company

OMERS Realty Corporation

Law Firm / Organization
McCarthy Tétrault LLP
Law Firm / Organization
OMERS
Lawyer(s)

Audrey Mak

Bank

RBC Dominion Securities Inc.

Law Firm / Organization
Goodmans LLP
Lawyer(s)

Allan Goodman

Bank

CIBC World Markets Inc.

Law Firm / Organization
Goodmans LLP
Lawyer(s)

Allan Goodman

Bank

Scotia Capital Inc.

Law Firm / Organization
Goodmans LLP
Lawyer(s)

Allan Goodman

Bank

TD Securities Inc.

Law Firm / Organization
Goodmans LLP
Lawyer(s)

Allan Goodman

Bank

Wells Fargo Securities Canada, Ltd.

Law Firm / Organization
Goodmans LLP
Lawyer(s)

Allan Goodman

Bank

Desjardins Securities Inc.

Law Firm / Organization
Goodmans LLP
Lawyer(s)

Allan Goodman

Bank

HSBC Securities (Canada) Inc.

Law Firm / Organization
Goodmans LLP
Lawyer(s)

Allan Goodman

 

On February 8, 2024, OMERS Realty Corporation (ORC), a Toronto-based real estate investment subsidiary of OMERS Administration Corporation, successfully completed a C$450 million private placement. The transaction involved the issuance of 4.96% Series 15 Senior Unsecured Debentures, set to mature on February 10, 2031. A syndicate of agents, led by RBC Dominion Securities Inc., CIBC World Markets Inc., Scotia Capital Inc., and TD Securities Inc., facilitated the offering. The syndicate also included participation from Wells Fargo Securities Canada, Ltd., Desjardins Securities Inc., and HSBC Securities (Canada) Inc. This strategic financial maneuver underscores ORC's robust position within the real estate investment sector, leveraging the expertise of leading financial institutions to secure significant capital through debt instruments.

Public/Private Offering
Other
$ 450,000,000
Closed
08 February 2024