Sienna Announces Completion of $150 Million Offering of 4.436% Series D Senior Unsecured Debentures

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MARKHAM, Ontario, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) announced today that it has completed its previously announced offering (the “Offering”) of $150 million aggregate principal amount of series D senior unsecured debentures (the “Debentures”). The Offering was led by BMO Capital Markets, TD Securities Inc. and CIBC Capital Markets, as joint lead agents and bookrunners. The Debentures were issued at par, bear interest at a rate of 4.436% per annum and will mature on October 17, 2029.

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