# DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST COMPLETES OFFERING OF C$300 MILLION SENIOR UNSECURED DEBENTURES, SERIES I

Canonical page: https://sequoia-research.com/news/dream-industrial-real-estate-investment-trust-completes-offering-of-c-300-million-sen-6d62c0c6

Author: Sequoia Research
Published: 2026-10-21T15:23:00.525Z
Updated: 2026-10-26T05:36:05.439Z
Original source: [Yahoo Finance](https://finance.yahoo.com/real-estate/articles/dream-industrial-real-estate-investment-130600770.html)
Source published: 2026-10-21T13:06:00.000Z
Type: Press release
Topics: REITs

In an October 21 release carried by Yahoo Finance, Dream Industrial REIT confirmed completion of a C$300 million private placement of senior unsecured debentures. The Series I securities carry a 4.416% coupon and mature on October 22, 2030. The trust also entered currency and interest-rate swaps to convert the financing proceeds into euros.

The issuer said it intended to use net proceeds to repay existing borrowings, including its unsecured revolving credit facility, and for general trust purposes. DBRS assigned the debentures a BBB (high) rating with a Stable trend. The securities will not be listed on a stock exchange.

[Read the original](https://finance.yahoo.com/real-estate/articles/dream-industrial-real-estate-investment-130600770.html)

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This Sequoia Research summary was prepared with AI assistance from the credited source. It is not independent verification of the source’s claims. The original publisher retains authorship of its reporting; follow the source link for the complete article.

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