Brief: Dri Healthcare Trust Announces C$85 Million Bought Deal Public Offering Of Units

DRI Healthcare Trust

12/07/2023 21:26

July 12 (Reuters) - Dri Healthcare Trust  DHT_u.TO :
    * DRI HEALTHCARE TRUST ANNOUNCES C$85 MILLION BOUGHT
DEAL PUBLIC
OFFERING OF UNITS
    * DRI HEALTHCARE TRUST -IN VARIOUS STAGES OF NEGOTIATIONS
WITH
COUNTERPARTIES ON POTENTIAL ROYALTY TRANSACTIONS THAT WOULD MEET
ITS TRANSACTION CRITERIA
    * DRI HEALTHCARE TRUST - POTENTIAL TRANSACTION SIZES FOR
TRUST'S
NEARER TERM PROSPECTS RANGE FROM ABOUT US$25 MILLION TO ABOUT
US$250 MILLION PER TRANSACTION
    * DRI HEALTHCARE TRUST-TO USE PROCEEDS TO FUND ROYALTY
TRANSACTIONS/TO REPAY INDEBTEDNESS DRAWN ON SECURED CREDIT
FACILITY TO FUND ROYALTY TRANSACTIONS

Source text for Eikon:  ID:nGNX6WMSVS 
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