Colliers Completes Senior Notes — Real Estate Services M&A

Colliers has completed the acquisition of Colliers Macaulay Nicolls Inc., a real estate services other business in Toronto, for C$550 million. Colliers Macaulay Nicolls Inc. supports Colliers’ real estate services platform through property and investment services, strengthening Colliers acquisitions and real estate services M&A capabilities in Canada. Colliers, a public company acquisition sponsor, issued C$550 million of 4.73% fixed-rate senior unsecured notes due 2033, fully guaranteed by Colliers, to fund general corporate purposes including repayment of revolving credit borrowings. The other acquisition financing ranks equally with existing senior unsecured indebtedness, with proceeds intended to enhance financial flexibility as Colliers pursues long-term growth strategy.