Dream Industrial Reit Announces C$250 Million Green Bond Offering With Issuance Of 5-Year Series D Senior Unsecured Debentures At An Effective Fixed Interest Rate Of 0.54%
Dream Industrial Reit Announces C$250 Million Green Bond Offering With Issuance Of 5-Year Series D Senior Unsecured Debentures At An Effective Fixed Interest Rate Of 0.54%
11/23/21, 3:20 PM
Location
Round Type
series d
Dream Industrial REIT (TSX: DIR.UN) (the “Trust”) announced today that it has priced a private placement of senior unsecured debentures (the “Offering”) consisting of C$250 million principal amount of 2.539% Senior Unsecured Debentures, Series D maturing on December 7, 2026 (the “Series D Debentures”). The Offering is the Trust’s second “green bond”, following the C$400 million Series C Debentures issued in June 2021.
Company Info
Location
toronto, ontario, canada
Additional Info
Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at September 30, 2021, Dream Industrial REIT owns, manages and operates a portfolio of 221 industrial assets (326 buildings) comprising approximately 39.8 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to continue to grow and upgrade the quality of its portfolio which primarily consists of distribution and urban logistics properties and to provide attractive overall returns to its unitholders. For more information, please visit www.dreamindustrialreit.ca.