MARKHAM, Ontario — December 18, 2025 — Leads & Copy — Sienna Senior Living Inc. (TSX: SIA) has finalized its previously announced offering of $250 million in Series F senior unsecured debentures.
The debentures, issued at par, carry an interest rate of 3.524% annually and will mature on December 18, 2028. Morningstar DBRS has rated the debentures “BBB (Stable)”.
BMO Capital Markets, TD Securities Inc., and CIBC Capital Markets acted as joint lead agents and bookrunners for the offering.
Sienna plans to use the net proceeds from the offering to fund the early redemption of its $175 million aggregate principal amount of 3.450% Series B Senior Unsecured Debentures, due February 27, 2026, on December 22, 2025, and for general corporate purposes.
The debentures were sold through a private placement in each of the provinces of Canada.
These debentures have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption.
Sienna Senior Living Inc. offers a range of senior living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna’s approximately 15,000 employees aim to cultivate happiness in daily life.
David Hung, Chief Financial Officer and Executive Vice President, Investments, can be reached at (905) 489-0258 or david.hung@siennaliving.ca.
Source: Sienna Senior Living Inc.
