The Toronto Stock Exchange reports that Alaris Equity Partners Income Trust's 6.25 per cent convertible unsecured senior debentures will be listed at 5:01 p.m. on Dec. 16, 2025, for trading at the open on Dec. 17, 2025. As stated in its short form prospectus dated Dec. 12, 2025, the trust is issuing $115-million principal amount of debentures, in the minimum principal amount of $1,000 each, in a public offering that is expected to close before the open on Dec. 17, 2025. The transfer agent and registrar is Computershare Trust Company of Canada at its principal office in Calgary.
According to the TSX, the debentures will trade under the symbol AD.DB.C, in Canadian dollars and with Cusip No. 011664 AD 1. The debentures will mature on Dec. 31, 2030, and pay interest semi-annually in arrears on June 30 and Dec. 31 in each year, at 6.25 per cent per year. Assuming the offering closes on Dec. 17, 2025, the initial interest payment of $33.39 per $1,000 principal amount of debentures will be made on June 30, 2026.
The TSX notes that the debentures will be convertible into units of the trust, at the option of the holder, at any time before the close of
business on the earlier of: (a) the maturity date; and (b) the
business day immediately preceding the date specified by
the trust for redemption of the debentures, at $27 per unit. This conversion price represents a
conversion rate of approximately 37.037 units for
each $1,000 principal amount of debentures.
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