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FINWIRES

Canada Infrastructure Bank Provides CA$100 Million Loan to Morguard for Property Upgrades

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The Canada Infrastructure Bank (CIB) after trade Wednesday said it reached financial close on a CA$100-million loan to Morguard (MRC.TO) to support energy-efficient retrofits across about 30 properties in Canada.

Morguard will work with NERVA Energy to design and deliver the retrofit projects. The financing, along with an investment from Morguard and its investors through the newly established Morguard ReNew Fund, will support upgrades across residential and commercial properties, including retail, office and industrial buildings, the CIB said.

"Upgrades are expected to include improvements to optimize building systems and mechanical equipment, along with low-carbon heating and hot water solutions," it added.

The upgrades are projected to reduce annual emissions by about 35,246 tonnes of carbon dioxide equivalent while improving building performance and long-term operating efficiency, according to the statement.

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Treasury

Icelandic Holding Company Festi Issues ISK1 Billion Bill

Festi (FESTI.IC) issued a new six-month bill with a nominal value of 1 billion Icelandic kronur, according to a Tuesday release.The Icelandic holding company issued the bill at a flat interest rate of 8.65%, with settlement on Sept. 22.Festi plans to list the bill on Nasdaq Iceland's main market.

$FESTI.IC
Treasury

Vår Energi Prices Offering of Three Senior Notes

Vår Energi (VAR.OL) said Tuesday that it priced its offering of three senior notes, with settlement expected on Sept. 22, 2026.The offering includes $750 million of 5.5% senior notes maturing on Sept. 22, 2029, along with $750 million in 5.75% senior notes due on Sept. 22, 2031. It also covers $1 billion of senior notes carrying an annual fixed coupon of 6.125% and will mature on Sept. 22, 2036.The upstream oil and gas company earmarked the proceeds to fully repay its existing senior notes due 2027, for general corporate purposes and to pay transaction fees and expenses.

$VAR.OL
Treasury

Guosen Securities to Pay Annual Interest on 3.8 Billion Yuan Bonds

Guosen Securities (SHE:002736) will pay the annual interest on its 3.8 billion yuan, three-year corporate bonds carrying a 1.96% coupon on Thursday.Pre-tax interest is set at 19.60 yuan per 10 bonds for the interest period running from Sept. 17, 2025, to Sept. 16, 2026, according to a Tuesday filing with the Shenzhen Stock Exchange.The payment will be distributed to bondholders as of the Sept. 16 record date.Shares of the securities company were down nearly 1% in recent trade.

SHE:002736