03:47 PM EDT, 03/25/2026 (MT Newswires) -- DRI Healthcare Trust (DHT-UN.TO, DHT-U.TO) said Wednesday its subsidiary, DRI Healthcare LP, closed a private placement of senior secured notes totaling US$250 million, comprising US$106 million of 5.35% notes due March 24, 2031, and US$144 million of 5.65% notes due March 24, 2033.

According to the statement, interest on the notes is payable semi-annually and the net proceeds are intended to be used to repay outstanding debt, pay related fees and expenses and for general corporate purposes.

Shares of the company were last seen up C$0.11 at C$17.20 on Toronto Stock Exchange.

Price: 17.21, Change: +0.12, Percent Change: +0.70