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Tim Hortons Inc. announces pricing of private offering of $450 million of senior unsecured notes (Tim Hortons Inc)

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(Source: Tim Hortons Inc) (All amounts in Canadian dollars) /NOT FOR RELEASE OVER U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE U.S./ OAKVILLE, ON, Nov. 27, 2013 /CNW/ - Tim Hortons Inc. (TSX: THI) (NYSE: THI) today announced that it has priced an offering of $450 million principal amount of 4.52% senior unsecured notes due December 1, 2023 (the "Notes"). The offering is expected to close November 29, 2013. The Notes are being offered in Canada on a private placement basis in reliance upon exemptions from the prospectus requirements under applicable Canadian securities legislation. The Notes will bear interest at a fixed annual coupon rate of 4.52% over the 10-year term. The Notes...

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