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LOBLAW COMPANIES LIMITED COMPLETES ISSUANCE OF $400 MILLION OF SENIOR UNSECURED NOTES

Newswire.ca - Mon Mar 4, 7:48AM CST

BRAMPTON, ON, March 4, 2024 /CNW/ - (TSX: L)  – Today, Loblaw Companies Limited ("Loblaw" or the "Company") announced that it has completed its previously announced issuance, on a private placement basis to qualified accredited investors in each of the Provinces of Canada, of $400 million aggregate principal amount of senior unsecured notes of the Company (the "Offering"). The Offering comprised of $400 million aggregate principal amount of series 2054 notes bearing interest at a rate of 5.115% per annum and maturing on March 4, 2054 (the "Notes").

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