Dri Healthcare Trust T.DHT.UN

Alternate Symbol(s): DHTRF

Healthcare Biotechnology

DRI Healthcare Trust is an open-ended trust that provides unitholders with differentiated exposure to the anticipated growth in the global pharmaceuticals and biotechnology markets. Its business model is focused on managing and growing a diversified portfolio of pharmaceutical royalties to deliver attractive growth in cash royalty receipts over the long term. Geographically, it has a presence in the United States; European Union; Japan, and Rest of the world.

TSX:DHT.UN - Post by User

Dri Healthcare Trust > New Financing

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Comment by deleuze68on Feb 08, 2023 10:47am

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Post# 35274355

RE:New Financing

1) Only the $19.76 million of Series B preferreds have a 2027 redemption date.
2) I woud expect the money raised from the preferreds can be used to pay down part of the credit facility. This would essentially be a wash as the credit facility currently has similar interest rates

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