TORONTO, Sept. 12, 2023 /CNW/ - Canadian Tire Corporation, Limited (TSX: CTC) (TSX: CTC.A) ("CTC") today announced the pricing of a private placement offering of C$600 million aggregate principal amount of unsecured medium term notes, consisting of C$400 million aggregate principal amount of 5.372% Series G Unsecured Medium Term Notes due September 16, 2030 (the "Series G Notes") and C$200 million aggregate principal amount of Floating Rate Series H Unsecured Medium Term Notes due September 14, 2026 (the "Series H Notes", and together with the Series G Notes, the "Notes"). The Series G Notes were priced at par, for an effective yield of 5.372% per annum if held to maturity. The Series H Notes were priced at par and bear interest at a per annum rate of Daily Compounded CORRA plus 1.00% payable quarterly. The offering is expected to close on or about September 14, 2023.
Read more at newswire.caCanadian Tire Corporation Prices Private Placement Offering of Aggregate C$600 Million Unsecured Medium Term Notes
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