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DRI Healthcare Trust Completes C$98 Million Bought Deal Public Offering of Units

Newswire.ca - Wed Jul 19, 2023

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

TORONTO, July 19, 2023 /CNW/ - DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) (the "Trust"), a global leader in providing financing to advance innovation in the life sciences industry, announced today that it has completed its previously announced bought deal public offering of units of the Trust at a price of C$10.60 per unit. The underwriters, led by CIBC Capital Markets, Scotiabank and RBC Capital Markets and including National Bank Financial Inc., Canaccord Genuity Corp., Raymond James Ltd., UBS Securities Canada Inc. and Stifel GMP, elected to exercise their over-allotment option in full, resulting in a total of 9,223,000 units being issued today for gross proceeds to the Trust of C$98 million.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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