TORONTO, ONTARIO--(Marketwired - April 11, 2013) - 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 reached an agreement to issue to the public on a bought deal basis, subject to regulatory approval, $175 million principal amount of Series T senior unsecured debentures (the "Debentures"). The Debentures are being issued by a syndicate of underwriters co-led by RBC Capital Markets, TD Securities and BMO Capital Markets. The Debentures will carry a coupon rate of 3.725% and will mature on April 18, 2023. RioCan will use a portion of the proceeds from the offering to redeem its $150 million 5.65% Series M senior unsecured debentures due March 31, 2015 and the balance for general trust purposes.