Canadian Tire Corporation Completes Private Placement Offering of C$650 Million Unsecured Medium Term Notes
Company Added
Company Removed
Apply to Request List

Canadian Tire Corporation Completes Private Placement Offering of C$650 Million Unsecured Medium Term Notes

TORONTO - July 3, 2018 /CNW/ - Canadian Tire Corporation, Limited (TSX: CTC) (TSX: CTC.A) today announced that it has closed a private placement offering of C$650 million aggregate principal amount of unsecured medium term notes, consisting of C$250 million principal amount of 2.646% Series E Unsecured Medium Term Notes due July 6, 2020 and C$400 million principal amount of 3.167% Series F Unsecured Medium Term Notes due July 6, 2023 (collectively, the " Notes "). The Notes are rated "BBB (high)" by DBRS Limited and "BBB+" by S&P Global Ratings. The Notes offering was led by RBC Capital Markets and BMO Capital Markets .

About Canadian Tire Corporation

Canadian Tire Corporation, Limited , (TSX: CTC.A) (TSX: CTC) or "CTC", is a family of businesses that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions. PartSource and Gas+ are key parts of the Canadian Tire network. The Retail segment also includes Mark's, a leading source for casual and industrial wear; Pro Hockey Life, the world's largest hockey centric retailer; and FGL (Sport Chek, Hockey Experts, Sports Experts, National Sports , Intersport and Atmosphere), which offers the best active wear brands. The approximately 1,700 retail and gasoline outlets are supported and strengthened by our Financial Services division and the tens of thousands of people employed across the country by the Company and its local dealers, franchisees and petroleum retailers. For more information, visit Corp.CanadianTire.ca .

Contacts:

Andrea Van Vugt
Media Relations
416-480-8514
andrea.vanvugt@cantire.com

Lisa Greatrix
Investor Relations
416-480-8725
lisa.greatrix@cantire.com

SOURCE Canadian Tire Corporation, Limited

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Discovery Point Child Development Centers
• 30 years of brand strength in educational childcare • Only childcare franchise with a flat fee system (vs. fees based on % of your total...
Big Blue Swim School
Big Blue Swim School focuses on creating Big Moments for children ages six months to 12 years old.
Wienerschnitzel
Profitable. Unique. Different. Wienerschnitzel wants you to join our franchise family. Why? As a prominent franchise of over 50 years we OWN the hot...
Home Care Assistance
Home Care Assistance is the leading provider of in-home care services for older adults.
American Family Care
The demand for health care services increases every year. People want and need access to health care on their terms - which usually means immediately!
Share This Page

Subscribe to Our Newsletters

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2019.
All Rights Reserved.