Alaris Equity Partners Announces a $75 Million Bought Deal Offering of 6.25% Convertible Unsecured Senior Debentures and a US$30 Million Investment Into a New Partner

About this update from Alaris Equity Partners Income Trust Trust Units Reg S 3c7

[{"type":"text","content":"Alaris Equity Partners Announces a $75 Million Bought Deal Offering of 6.25% Convertible Unsecured Senior Debentures and a US$30 Million Investment Into a New Partner\n\n\n\n\n NOT FOR DISTRIBUTION IN THE UNITED STATES.\n \n\n\n FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW\n \n\n\n CALGARY, Alberta, Dec. 01, 2025 (GLOBE NEWSWIRE) --\n \n (all numbers in this release are in Canadian dollars (CAN$) unless otherwise noted)\n \n\n\n Alaris Equity Partners (TSX:AD.UN) (“Alaris” or the “Trust”) is pleased to announce a $75 million bought deal offering of 6.25% convertible unsecured senior debentures and the completion of a US$30 million investment into a new Partner, Renovo Medical Group, LLC, operating as Renew Medical Group.\n \n\n\n The Offering\n \n\n\n Alaris is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “\n \n Underwriters\n \n ”) led by National Bank Financial Inc. and CIBC World Markets Inc. pursuant to which the Underwriters have agreed to purchase $75 million aggregate principal amount of convertible unsecured senior debentures due December 31, 2030 (the “\n \n Debentures\n \n ”) at a price of $1,000 per Debenture (the “\n \n Offering\n \n ”). The Trust has also granted the Underwriters an option to purchase up to an additional $11.25 million aggregate principal amount of Debentures, on the same terms and conditions, exercisable in whole or in part, up to 30 days following closing of the Offering. The Offering is expected to close on or about December 17, 2025 (the “\n \n Closing Date\n \n ”). Unless otherwise stated, all numbers in this press release are presented in Canadian dollars.\n \n\n The Trust intends to use the net proceeds of the Offering to partially repay outstanding indebtedness under its senior credit facility (the “\n \n Senior Credit Facility\n \n ”) which may be subsequently redrawn and used to fund future investments in new Partner (as defined below) investments and for general trust purposes.\n \n\n The Debentures will bear interest at a rate of 6.25% per annum, payable semi-annually in arrears on the last business day of June and December of each year commencing on June 30, 2026. The first payment will ...

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