On April 3, 2009, RioCan Real Estate Investment Trust ("RioCan") completed a $180 million offering of 8.33% Series L, senior unsecured debentures due on April 3, 2014. The offering was completed under RioCan’s shelf prospectus dated June 13, 2008 and underwritten by a syndicate of underwriters led by RBC Dominion Securities Inc. and including BMO Nesbitt Burns Inc., Scotia Capital Inc. and TD Securities Inc. Michèle Gamache of Lavery assisted RioCan in Quebec. RioCan is Canada's largest real estate investment trust that owns and manages Canada’s largest portfolio of shopping centres with ownership interests in a portfolio of 247 retail properties.
