Oxford Properties Considers C$700 Million Loonie Bond Sale

Oxford Properties Group is readying a C$700 million bond sale maturing between four and seven years, according to people familiar with the matter.

Initial discussions called for a yield for the shorter-dated portion of the deal at as much as 1 percentage point above government benchmarks, and as much as 1.25 percentage points for the seven-year arm, the people said, declining to be identified discussing private matters. The deal could come to market as soon as Thursday, they said.