TORONTO, ONTARIO–(Marketwired – Aug. 26, 2016) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) announced today that it has successfully completed its issuance of $250 million principal amount of Series X senior unsecured debentures (the "Debentures"). The agency syndicate was co-led by RBC Capital Markets, TD Securities and BMO Capital Markets. The Debentures will carry a coupon rate of 2.185% and will mature on August 26, 2020. The offering was made under RioCan's base shelf short form prospectus dated August 10, 2016. The terms of the offering are described in a prospectus supplement dated August 23, 2016, which was filed with Canadian securities regulators. About RioCan: RioCan is Canada's largest real estate investment trust with a total enterprise value of approximately $15 billion as at June 30, 2016.