Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Morguard Announces Completion of $250 Million Offering of 5.00% Series I Senior Unsecured Debentures

Newswire.ca - Tue Oct 14, 2025

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

MISSISSAUGA, ON, Oct. 14, 2025 /CNW/ - Morguard Corporation ("Morguard") (TSX: MRC) is pleased to announce the successful completion of its previously announced issuance of $250 million aggregate principal amount of series I senior unsecured debentures. These debentures bear interest at a rate of 5.00% per annum and will mature on October 14, 2028. The debentures were offered through a syndicate of underwriters with RBC Capital Markets and TD Securities acting as joint bookrunners and co-lead agents. DBRS Morningstar has provided a rating of "BB (high)" with a "Positive" trend relating to the debentures.

Read more at newswire.ca

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).