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 […]

DRI Healthcare Trust Announces Upsized US$500 Million Credit Facilities

– Significantly enhances deployment capacity without increasing leverage parameters – TORONTO, Oct. 31, 2023 /CNW/ – DRI Healthcare Trust (TSX: DHT.UN) (TSX: DHT.U) (the "Trust"), a global leader in providing financing to advance innovation, entered into an amendment agreement to the existing amended and restated credit agreement (the "Agreement") with a syndicate of banks providing up to […]

DRI Healthcare Trust Announces C$90 Million Bought Deal Public Offering of Units

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) — DRI Healthcare Trust (TSX: DHT.UN/DHT.U) (the “Trust”), a global leader in providing financing to advance innovation in the life sciences industry, announced today that it has entered into an agreement with a syndicate of underwriters […]

DRI Healthcare Trust Reports Second Quarter 2023 Results

– Continued strong portfolio performance with 16% royalty income growth over prior year period – – Deployment of US$284 million since April 1 showcases Trust’s ability to execute – – Capital inflows of US$339 million from royalty sale, debt repayment and follow-on equity offering combined with attractive credit facilities provide significant cash for deployment – […]

DRI Healthcare Trust Announces Acquisition of a Second Royalty Interest in the Worldwide Sales of ORSERDU® (elacestrant) and Updates Long-Term Guidance

– Proceeds from follow-on offering quickly redeployed into value accretive transaction – – DRI Healthcare’s third significant royalty acquisition within six weeks – – Now expecting mid-teens total income CAGR through 2025 and low single digit total income CAGR through 2030, excluding any new transactions – TORONTO, Aug. 14, 2023 /CNW/ – DRI Healthcare Trust […]