Press Release Details

TORONTO, July 3, 2018 /CNW/ - Canadian Tire Corporation, Limited (TSX: CTC) (TSX: CTC.A) today announced that it has closed a private placement offering of C$650 million aggregate principal amount of unsecured medium term notes, consisting of C$250 million principal amount of 2.646% Series E Unsecured Medium Term Notes due July 6, 2020 and C$400 million principal amount of 3.167% Series F Unsecured Medium Term Notes due July 6, 2023 (collectively, the " Notes "). The Notes are rated "BBB (high)" by DBRS Limited and "BBB+" by S&P Global Ratings. The Notes offering was led by RBC Capital Markets and BMO Capital Markets .

About Canadian Tire Corporation

Canadian Tire Corporation, Limited , (TSX: CTC.A) (TSX: CTC) or "CTC", is a family of businesses that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions. PartSource and Gas+ are key parts of the Canadian Tire network. The Retail segment also includes Mark's, a leading source for casual and industrial wear; Pro Hockey Life, the world's largest hockey centric retailer; and FGL (Sport Chek, Hockey Experts, Sports Experts, National Sports , Intersport and Atmosphere), which offers the best active wear brands. The approximately 1,700 retail and gasoline outlets are supported and strengthened by our Financial Services division and the tens of thousands of people employed across the country by the Company and its local dealers, franchisees and petroleum retailers. For more information, visit Corp.CanadianTire.ca .

SOURCE CANADIAN TIRE CORPORATION, LIMITED