First Capital REIT Announces Completion of C$250 Million Offering of Series G Senior Unsecured Debentures

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[{"type":"text","content":"\n\n\nFirst Capital REIT Announces Completion of C$250 Million Offering of Series G Senior Unsecured Debentures\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\n/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/\nTORONTO, Dec. 8, 2025 /CNW/ - First Capital Real Estate Investment Trust (\"First Capital\" or the \"REIT\") (TSX: FCR.UN) announced today that it has closed its previously announced offering (the \"Offering\") of C$250 million aggregate principal amount of Series G senior unsecured debentures (the \"Debentures\") on a private placement basis.\n\n\n\n\n\n\n\nThe Debentures were offered on an agency basis by a syndicate of agents co-led by Desjardins Capital Markets, RBC Capital Markets and TD Securities. The Debentures were issued at a price of $99.986 per $100.00 principal amount of Debentures, bear interest at a rate of 4.760% per annum and will mature on February 15, 2035.\nThe Debentures are rated \"BBB\" with a \"Positive\" rating outlook by Morningstar DBRS.\nThe net proceeds of the Offering will be used to repay, in part, the early redemption of the REIT's C$300 million aggregate principal amount of outstanding co-issued 3.604% Series T senior unsecured debentures, due May 6, 2026, on December 31, 2025.\nThe securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.\nAbout First Capital REIT (TSX: FCR.UN)\nFirst Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighbourhoods with the strongest demographics in Canada.\nForward‐looking Statement Advisory\nThis press release contains forward-looking statements and information within th...

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