Dream Industrial REIT

Dream Industrial REIT in its $250 million green bond offering

Client

Dream Industrial REIT

Value

$250 million

Service

Capital Markets

Date Closed

December 2021

Industry

REITs

Lead Office

Toronto

 

On December 6, 2021, Dream Industrial REIT completed a private placement of $250 million aggregate principal amount of 2.539% Senior Unsecured Debentures. The offering is the Trust’s second “green bond”, and the Debentures were offered on an agency basis by a syndicate of agents led by TD Securities Inc., Scotia Capital Inc., RBC Dominion Securities Inc. and National Bank Financial Inc.

Dream Industrial REIT is a real estate investment trust specialized in geographically diversified industrial properties in Canada, Europe and the U.S.

Osler, Hoskin & Harcourt LLP advised Dream Industrial REIT with a team consisting of Michael Innes, Sandra Malcolm, Shruti Chowdhry and Darren Gill (Corporate).