Cadillac Fairview Finance Trust has raised $2 billion in a debt issue, Reuters reports. The retail real estate company appointed the investment dealer arm of Toronto-Dominion Bank as the lead manager for the deal
The $1.25 billion notes sold in the first tranche carry a coupon rate of 3.24% and are due to mature on Jan. 25, 2016. The $750 million notes sold in the second tranche carry a coupon rate of 4.31% and are due to mature on Jan. 25, 2021.
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