Skip to main content

DRI Healthcare Trust Announces Upsized US$500 Million Credit Facilities

Newswire.ca - Tue Oct 31, 2023

– Significantly enhances deployment capacity without increasing leverage parameters –

TORONTO, Oct. 31, 2023 /CNW/ - DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) (the "Trust"), a global leader in providing financing to advance innovation, entered into an amendment agreement to the existing amended and restated credit agreement (the "Agreement") with a syndicate of banks providing up to US$500 million of debt capacity. The Facilities have a maturity date of October 31, 2026, and are secured by all of the assets of the Trust and most of its subsidiaries.

Read more at newswire.ca
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.