Sienna Senior Living Inc. announced a private placement of series D senior unsecured debentures on best effort basis for the gross proceeds of CAD 150 million on September 10, 2024. The debentures, which will be issued at par, will bear interest at a rate of 4.436% per annum and will mature on October 17, 2029. The transaction is expected to close on or about October 17, 2024, subject to customary closing conditions.

The debentures are unsubordinated in nature.