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Vital Infrastructure Property Trust Completes CA$300 Million Debenture Offering

Vital Infrastructure Property Trust Completes CA$300 Million Debenture Offering

MT newswireMT newswire2026/10/13 21:07
05:07 PM EDT, 10/13/2026 (MT Newswires) -- Vital Infrastructure Property Trust (VITL-UN.TO) after trade Tuesday said it completed a private placement of CA$300 million in 4.865% senior unsecured debentures maturing on Oct. 15, 2029. The debentures were issued at CA$1,000 per CA$1,000 of principal amount, it added. The company said the net proceeds will be used to repay outstanding debt, including the early redemption of its 6.25% Series H convertible debentures due Aug. 31, 2027, and for general corporate purposes. The redemption is expected to be completed on Oct. 26. Shares of the company closed down 1.9% at CA$5.10 on the Toronto Stock Exchange.
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