Bullboard - Stock Discussion Forum Alaris Equity Partners Income 6 25 Senior Unsecured Debentures ADLRF

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

Alaris Equity Partners Income Trust (the Trust) is a Canada-based trust. The Trust’s operations consist of investments in private operating entities, typically in the form of preferred or common limited partnership interests, preferred or common interest in limited liability corporations in the United States, and loans receivable. The Trust’s Canadian investments are made through a wholly owned... see more

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Alaris Equity Partners Income 6 25 Senior Unsecured Debentures > Opinion on Recent Deal

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Post by retiredcf on Mar 05, 2023 2:34pm

Opinion on Recent Deal

What do you think of the deal that AD.UN struck with Brookfield in Body Contour Center (BCC)?

It looks good; AD will convert preferred units into convertible units, get a cash payout, and earn 8.5% with an equity kicker. It is the first third-party deal for AD, and investors will love the connection with Brookfield. AD receives an annual fee and will have significant equity exposure to BCC, which has been growing very fast. We like this new approach to partnerships at AD. (5iResearch)

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