Press Releases

2020-06-25 Loblaw Companies Limited Announces Timing of Second Quarter 2020 Earnings Release
Loblaw Companies Limited (TSX: L) announced today that it will release its second quarter 2020 results on July 23, 2020 at approximately 6:30 a.m. (ET). The release will be followed by a conference call at 10:00 a.m. (ET), as well as an audio webcast. To access Loblaw's second quarter conference call, please dial (647) 427-7450 or (888) 231-8191. The playback will be made available approximately two hours after the event at (416) 849-0833 or (855) 859-2056, access code: 4096945. To access via audio webcast please go to the "Investor" section of Pre-registration will be available. About Loblaw Companies Limited Loblaw is Canada's food and pharmacy leader, and the nation's largest retailer. Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, financial services and wireless mobile products and services. With more than 2,400 corporate, franchised and Associate-owned locations, Loblaw, its franchisees and Associate-owners...
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2020-05-07 Loblaw Companies Limited Completes Issuance of $350 Million of Senior Unsecured Notes
– Today, Loblaw Companies Limited ("Loblaw" or the "Company") announced that it has completed its previously announced issuance, on a private placement basis to qualified accredited investors (the "Offering"), of $350 million aggregate principal amount of senior unsecured notes bearing interest at a rate of 2.284% per annum and maturing on May 7, 2030 (the "Notes"). The Company intends to use the net proceeds of the Offering to partially fund the repayment of its outstanding $350 million aggregate principal amount of 5.22% Medium Term Notes, Series 2-B maturing June 18, 2020 and for general corporate purposes. The Notes are unsecured and rank pari passu with all other unsecured and unsubordinated indebtedness of the Company. DBRS Limited has provided the Notes with a credit rating of "BBB" with a "Positive" outlook and Standard and Poor's Rating Services has provided the Notes with a credit rating of "BBB". The Notes were sold on an agency basis by a syndicate of agents led by TD...
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