Shruti Chowdhry Shruti Chowdhry

Bank of Montreal in its $1 billion offering of Limited Recourse Capital Notes, Series 3

On September 13, 2022, Bank of Montreal closed its offering of $1 billion aggregate principal amount of 7.325% Limited Recourse Capital Notes, Series 3 (Non-Viability Contingent Capital (NVCC)) (subordinated indebtedness). The notes bear interest at a rate of 7.325 per cent annually, payable...

Lead Office: Toronto Date Closed: September 13, 2022 Value: $1 billion

Dream Industrial REIT in its $250 million green bond offering

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...

Lead Office: Toronto Date Closed: December 6, 2021 Value: $250 million

Dream Industrial REIT in its $800 million debenture offering and inaugural green bond issuance

On June 10, 2021, Dream Industrial REIT priced an $800 million private placement consisting of a $200 million re-opening of the 1.662% Series A Debentures, $200 million Floating Rate Series B Debentures and Green Bonds of $400 million 2.057% Series C Debentures. The Series C Debentures are...

Lead Office: Toronto Date Closed: June 25, 2021 Value: $800 million

Dream Industrial REIT in its $850 million European logistics portfolio acquisition and associated financing

On June 24, 2021, Dream Industrial REIT completed its acquisition of an 8.9 million square foot European logistics portfolio. The transaction consists of an acquisition of shares of a corporation owning a portfolio of 31 institutional logistics properties throughout Europe for $850 million....

Lead Office: Toronto Date Closed: June 24, 2021 Value: $850 million