June 15, 2021
Business News

Dream Industrial REIT Announces $800 Million Debentures Offering, Including Inaugural Green Bonds, in Connection With Proposed European Logistics Acquisition

TORONTO–()–Dream Industrial REIT (TSX: DIR.UN) (“Dream Industrial”, “DIR”, or the “Trust”) announced today that it has successfully priced a private placement offering of $800 million aggregate principal amount of unsecured debentures (the “Offering”) for aggregate gross proceeds to the Trust of $799.8 million consisting of a $200 million re-opening of the 1.662% Series A Debentures maturing in 2025 (the “Series A Debentures”), $200 million of Floating Rate Series B Debentures maturing in 2024 (the “Series B Debentures”) and $400 million of 2.057% Series C Debentures maturing in 2027 (the “Green Bonds”) (collectively, the “Debentures”).

The Series A Debentures, the Series B Debentures and the Green…

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