DRI Healthcare Trust Closes Previously Announced Refinancing of Preferred Securities
– Transaction significantly reduces potential dilution with a net reduction of warrants equivalent to 8.2% of units outstanding – TORONTO, April 23, 2024 /CNW/ – DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) (the "Trust") announces the closing of its previously announced preferred securities refinancing, whereby its US$114,760,000 aggregate principal amount of Series A and Series B […]
DRI Healthcare Trust to Host First Quarter Earnings Call and Webcast on May 7, 2024
TORONTO, April 16, 2024 /CNW/ – DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) (the "Trust") announces that it will hold a conference call to discuss its first quarter 2024 financial results on Tuesday, May 7, 2024, at 8:00 a.m. ET. The Trust will report its financial results on Monday, May 6, 2024, after market close. […]
DRI Healthcare Trust Announces Refinancing of Preferred Securities
– Transaction reduces the Trust’s potential unit dilution by 8.2% by retiring in-the-money warrants and replacing them with out-of-the-money warrants – TORONTO, April 15, 2024 /CNW/ – DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) (the "Trust") announces the refinancing of its US$114,760,000 aggregate principal amount of Series A and Series B preferred securities and 6,369,180 […]
DRI Healthcare Trust Announces Participation in Upcoming Investor Conferences
TORONTO, March 26, 2024 /CNW/ – DRI Healthcare Trust (TSX: DHT.UN) ( TSX: DHT.U) ("DRI" or the "Trust"), a global leader in providing financing to advance innovation in the life sciences industry, today announced that the Trust will participate in the following investor conferences in April and May: 2024 Bloom Burton & Co. Healthcare Investor […]
2023 Fourth Quarter and Full Year Earnings Call
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DRI Healthcare Trust Reports Fourth Quarter and Fiscal 2023 Results
– 82% royalty income growth over prior year period underscores transformative year – – Announcing 2024 royalty income guidance of US$153 to US$155 million, excluding milestone income and any new transactions – – Increasing quarterly cash distribution – TORONTO, Feb. 28, 2024 /CNW/ – DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) ("DRI" or the "Trust"), […]
DRI Healthcare Trust to Host Fourth Quarter and Full Year 2023 Earnings Call and Webcast on February 29, 2024
TORONTO, Feb. 8, 2024 /CNW/ – DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) (the "Trust") announces that it will hold a conference call to discuss its fourth quarter and full year 2023 financial results on Thursday, February 29, 2024, at 8:00 a.m. ET. The Trust will report its financial results on Wednesday, February 28, 2024, […]
DRI Healthcare Trust Announces the Expansion of its Royalty Entitlement on the US Net Sales of Omidria®, Updates Deployment and CAGR Guidance
– Immediate and accretive cash flow generation replaces structured annual caps – – Increasing capital deployment guidance to over US$1.25 billion deployed for the five years ending 2025 – – Now expecting high-teens Royalty Income CAGR through 2025 and mid- to high-single digit Royalty Income CAGR through 2030, excluding any new transactions – TORONTO, Feb. […]
DRI Healthcare Trust Declares Special Distributions
TORONTO, Dec. 20, 2023 /CNW/ – DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) (the "Trust"), today announced that, its Board of Trustees has declared a special cash distribution in the amount of US$0.2662 per trust unit. The special cash distribution will be made payable to unitholders of record at the close of business on December 31, […]
DRI Healthcare Trust Reports Third Quarter 2023 Results
– 36% royalty income growth over prior year period highlights successful portfolio growth strategy – – Significant deployment capacity available after follow-on offerings and credit facility increase – TORONTO, Nov. 13, 2023 /CNW/ – DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) ("DRI" or the "Trust") is pleased to announce its financial results for the quarter […]