Alaris Equity Partners Income 5 50 convertible unsecured subordinated Debentures T.AD.DB

Alternate Symbol(s): ADLRF | T.AD.DB.A | T.AD.UN

Financial Services Asset Management

Alaris Equity Partners Income Trust (the Trust) is a Canada-based private equity company. The Trust, through its subsidiaries, provides alternative financing to private companies. The Trust’s operations consist primarily of investments in private operating entities. The principal objective of the Trust is to generate stable and predictable cash flows for payment of distributions to unitholders of the Trust. The Trust offers a range of services, which include services, healthcare services, industrial services, professional services, information technology services, and construction-related services. The Company’s investments are made through a wholly owned Canadian corporation, Alaris Equity Partners Inc., and its American investments are made through, Alaris Equity Partners USA Inc. (Alaris USA) and Salaris USA Royalty Inc. (Salaris USA). The Trust also has a wholly owned subsidiary in the Netherlands, Alaris Cooperatief U.A. (Alaris Cooperatief).

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Alaris Equity Partners Income 5 50 convertible unsecured subordinated Debentures > Q2 results - ??

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Comment by SunsetGrillon Aug 03, 2023 4:04pm

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Post# 35571987

RE:Q2 results - ??

Thanks for the info do you have any analysts notes? Scotia had nothing today in their daily edge report - likely tomorrow

HermannHaller wrote: Stock is sagging but analyst notes today say results were in line with their expectations.

From the conference call:

working on a big pipeline of potential deals

expected to be more activity in market in Q3 and Q4

deals are high quality, expect to achieve target metrics on any transaction

have considered getting more active on NCIB, but IRRs on potential deals now are good, so focused on growing business

likely to do another BCC type deal (investing 3rd party capital for higher ROE)

have debenture due June/24, could repay using bank line, or issue new deb (depends on mkt). Deb is only 5.5%, so not a good idea to call early.

have $266 million available on bank line for deals, don't need equity, and would not issue shares at current level

GLTA