Avenue Living (2014) LP Offering of C$250M of 7.750% Series 1 Fixed-to-Fixed Reset Rate Subordinated Notes

On February 17, 2026, Avenue Living (2014) LP completed an offering of C$250 million aggregate principal amount of 7.750% Series 1 Fixed-to-Fixed Reset Rate Subordinated Notes due February 17, 2056 (the “Notes”). The Notes were offered on a private placement basis through RBC Dominion Securities Inc., as sole agent.  

McCarthy Tétrault LLP advised RBC Dominion Securities Inc. with a team led by Andrew Parker that included Bryce Safton (Business).