Dream Impact 5 50 Convertible Unsecured Subordinated Debentures T.MPCT.DB

Alternate Symbol(s): T.MPCT.DB.A

Dream Impact Trust is a Canada-based open-ended trust dedicated to impact investing. The Company operates through two segments: Development and investment holdings, and recurring income. The Development and investment holdings segment comprised direct and indirect investments in residential and mixed-use developments, a hospitality asset, and participating mortgage receivables. The Recurring income segment comprised a portfolio of commercial real estate income properties and multi-family rental assets in the Greater Toronto Area (GTA) and Ottawa/Gatineau, a utility asset, and interest-paying corporate loans. The Company is managed by Dream Asset Management Corporation (DAM).

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Dream Impact 5 50 Convertible Unsecured Subordinated Debentures > Masked $1.3 Billion Debt BOMB hidden under Equity Accounted

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Comment by InvestSmarteron Oct 07, 2024 4:56pm

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Post# 36256810

RE:RE:RE:RE:Masked $1.3 Billion Debt BOMB hidden under Equity Accounted

I am very aware. But the developers that Dream is partnered with are very solvent and are the best. The bankrupt developers you are referring to are not. Debentures will be repaid with the 120 Million in cash from 49 Ontario, or if not sold in the next year, reissued. This is normal operating practice and at the corporate level, the debt is very manageable. Especially with around 25 Million in NEW Net Operating Income coming online by 2026 according to Cooper.

eoim2 wrote: Are you aware that many developers with huge land loans had entered bankruptcy in Scarborough and GTA. You are in euphoria. These debts require servicing and interest payments. Not free money. $1 Billion at 3% is $30 million payable plus convertible debentures debt due in few years.

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