{"id":387065,"date":"2020-11-23T14:21:33","date_gmt":"2020-11-23T19:21:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=387065"},"modified":"2020-11-23T14:21:33","modified_gmt":"2020-11-23T19:21:33","slug":"morguard-corporation-announces-full-repayment-of-series-b-senior-unsecured-debentures","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/morguard-corporation-announces-full-repayment-of-series-b-senior-unsecured-debentures\/","title":{"rendered":"Morguard Corporation Announces Full Repayment of Series B Senior Unsecured Debentures"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">Canada NewsWire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">MISSISSAUGA, ON<\/span>, <span class=\"xn-chron\">Nov. 23, 2020<\/span> \/CNW\/ &#8211; Morguard Corporation (&#8220;Morguard&#8221; or the &#8220;Company&#8221;) (TSX:MRC) announced that it has fully repaid the <span class=\"xn-money\">$200 million<\/span> 4.013% Series B senior unsecured debentures on maturity. Proceeds for repayment of the Series B senior unsecured debentures were generated by Morguard issuing <span class=\"xn-money\">$175 million<\/span> 4.402% Series G senior unsecured debentures, as previously announced, with the balance funded from available cash on hand.<\/p>\n<p>\n        <b>About Morguard Corporation<br \/><\/b>Morguard Corporation is a major North American real estate and property management company.\u00a0 It has extensive retail, office, industrial, hotel and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust and Morguard North American Residential REIT.\u00a0Morguard also provides real estate management services to institutional and other investors.\u00a0 Morguard&#8217;s owned and managed portfolio of assets is valued at\u00a0$19.4 billion.<\/p>\n<p>For more information, visit Morguard.com.<\/p>\n<p>SOURCE  Morguard Corporation<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C0887&amp;Transmission_Id=202011231417CANADANWWEB______C0887&amp;DateId=20201123\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada NewsWire MISSISSAUGA, ON, Nov. 23, 2020 \/CNW\/ &#8211; Morguard Corporation (&#8220;Morguard&#8221; or the &#8220;Company&#8221;) (TSX:MRC) announced that it has fully repaid the $200 million 4.013% Series B senior unsecured debentures on maturity. Proceeds for repayment of the Series B senior unsecured debentures were generated by Morguard issuing $175 million 4.402% Series G senior unsecured debentures, as previously announced, with the balance funded from available cash on hand. About Morguard CorporationMorguard Corporation is a major North American real estate and property management company.\u00a0 It has extensive retail, office, industrial, hotel and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust and Morguard North American Residential REIT.\u00a0Morguard also provides real estate management services to institutional and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/morguard-corporation-announces-full-repayment-of-series-b-senior-unsecured-debentures\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Morguard Corporation Announces Full Repayment of Series B Senior Unsecured Debentures&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-387065","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Morguard Corporation Announces Full Repayment of Series B Senior Unsecured Debentures - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/morguard-corporation-announces-full-repayment-of-series-b-senior-unsecured-debentures\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Morguard Corporation Announces Full Repayment of Series B Senior Unsecured Debentures - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Canada NewsWire MISSISSAUGA, ON, Nov. 23, 2020 \/CNW\/ &#8211; Morguard Corporation (&#8220;Morguard&#8221; or the &#8220;Company&#8221;) (TSX:MRC) announced that it has fully repaid the $200 million 4.013% Series B senior unsecured debentures on maturity. Proceeds for repayment of the Series B senior unsecured debentures were generated by Morguard issuing $175 million 4.402% Series G senior unsecured debentures, as previously announced, with the balance funded from available cash on hand. About Morguard CorporationMorguard Corporation is a major North American real estate and property management company.\u00a0 It has extensive retail, office, industrial, hotel and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust and Morguard North American Residential REIT.\u00a0Morguard also provides real estate management services to institutional and &hellip; Continue reading &quot;Morguard Corporation Announces Full Repayment of Series B Senior Unsecured Debentures&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/morguard-corporation-announces-full-repayment-of-series-b-senior-unsecured-debentures\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-23T19:21:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C0887&amp;Transmission_Id=202011231417CANADANWWEB______C0887&amp;DateId=20201123\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/morguard-corporation-announces-full-repayment-of-series-b-senior-unsecured-debentures\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/morguard-corporation-announces-full-repayment-of-series-b-senior-unsecured-debentures\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Morguard Corporation Announces Full Repayment of Series B Senior Unsecured Debentures\",\"datePublished\":\"2020-11-23T19:21:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/morguard-corporation-announces-full-repayment-of-series-b-senior-unsecured-debentures\\\/\"},\"wordCount\":150,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/morguard-corporation-announces-full-repayment-of-series-b-senior-unsecured-debentures\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rt.prnewswire.com\\\/rt.gif?NewsItemId=C0887&amp;Transmission_Id=202011231417CANADANWWEB______C0887&amp;DateId=20201123\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/morguard-corporation-announces-full-repayment-of-series-b-senior-unsecured-debentures\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/morguard-corporation-announces-full-repayment-of-series-b-senior-unsecured-debentures\\\/\",\"name\":\"Morguard Corporation Announces Full Repayment of Series B Senior Unsecured Debentures - 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Proceeds for repayment of the Series B senior unsecured debentures were generated by Morguard issuing $175 million 4.402% Series G senior unsecured debentures, as previously announced, with the balance funded from available cash on hand. 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