Alaris Equity Partners Announces Upsizing of Previously Announced Convertible Unsecured Senior Debentures

Core Viewpoint - Alaris Equity Partners Income Trust has increased the size of its bought deal financing due to excess demand, now issuing 80,000 convertible unsecured senior debentures for total gross proceeds of $80 million [1]. Group 1: Financing Details - The offering consists of 80,000 convertible unsecured senior debentures priced at $1,000 each, totaling $80 million in gross proceeds [1]. - An additional option for underwriters to purchase up to $12 million in debentures is available, exercisable within 30 days post-closing [1]. - The offering is expected to close around June 2, 2025, pending necessary corporate and regulatory approvals [2]. Group 2: Company Overview - Alaris invests in a diversified group of private businesses primarily through structured equity, aiming to deliver stable returns to unitholders via cash distributions and capital appreciation [4].