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On June 12, 2025, Dollarama Inc. announced it has priced a private offering of $600 million in senior unsecured notes. These notes will mature on December 16, 2030, and carry a fixed interest rate of 3.850 percent per annum, payable semi-annually starting December 16, 2025. The notes will be issued at par, with net proceeds to be used for repaying $250 million of existing 5.084 percent senior unsecured notes due October 27, 2025, and for general corporate purposes.
The notes are being offered through an agency syndicate consisting of RBC Dominion Securities Inc., National Bank Financial Markets and TD Securities Inc., as joint bookrunners, CIBC World Markets Inc., as joint lead manager, and including Desjardins Securities Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc., Merrill Lynch Canada Inc., and Casgrain & Company Limited.
The offering is expected to close on or about June 16, 2025, subject to customary closing conditions.
Parties
Company
Dollarama Inc.
Bank
CIBC World Markets Inc.
Deal Type
Public/Private OfferingIndustry
OtherTransaction
$ 600,000,000Deal Status
ActiveClosing Date