H&R Real Estate Investment Trust announced that is has agreed to issue $200 million principal amount of Series N Senior unsecured debentures on a bought deal basis. These debentures will carry a coupon rate of 3.369% and will mature on January 30, 2024. The offering is being underwritten through a syndicate co- led and bookrun by BMO Capital Markets, CIBC Capital Markets, Scotiabank and TD Securities. The offering is expected to close on or about January 30, 2017. It is a condition of closing that a final rating by DBRS of BBB be obtained.