First Capital sells C$125 mln senior debt-termsheet

NEW YORK, Nov 13 (Reuters) - First Capital Realty Inc
(FCR.TO), a Canadian developer of shopping centers, said it
sold C$125 million (about $119 million) of senior secured debt
on Friday.

The 5.95 percent bonds were priced to yield 5.918 percent,
or 311 basis points over the Canadian government benchmark,
according to a termsheet seen by Reuters.

The lead bookrunners were the investment dealer arms of
Bank of Nova Scotia (BNS.TO) and Toronto Dominion (TD.TO)
Bank.
($1=1.05 Canadian Dollar)
(New York Ratings Team)