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BRIEF-Sienna Senior Living to acquire traditions of Durham retirement residence in Ontario

Published 2015-12-09, 07:04 p/m
© Reuters.  BRIEF-Sienna Senior Living to acquire traditions of Durham retirement residence in Ontario
SIA
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Dec 9 (Reuters) - Sienna Senior Living Inc SIA.TO :
* To acquire traditions of Durham retirement residence in Ontario
* Says deal for a purchase price of $37 million
* Intends to finance the acquisition by an assumption of the existing property
level mortgage of approximately $22.7 million
* Remainder of the purchase price will be paid in available cash and drawdowns
from the company's credit facilities

* Source text for Eikon ID:nMKWh1f5qa

* Further company coverage SIA.TO

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