Dream Industrial Real Estate Investment Trust Announces Offering of C$200 Million Senior Unsecured Debentures, Series H
· Financial Post
TORONTO -- Dream Industrial REIT (TSX: DIR.UN) (the “Trust” or “Dream Industrial REIT”) announced today that it has priced a private placement of senior unsecured debentures (the "Offering") consisting of C$200 million aggregate principal amount of 4.150% Senior Unsecured Debentures, Series H maturing on April 22, 2031 (the "Series H Debentures"). In connection with the Offering, the Trust has entered into forward cross-currency interest rate swap arrangements to swap the proceeds of the Offering to Euros to lower the effective fixed interest rate of the Series H Debentures to 4.003%. Read More
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