Alaris Equity Partners Announces Full Exercise of Over-Allotment Option and Issuance of an Additional $12 Million of Convertible Unsecured Senior Debentures

Core Viewpoint - Alaris Equity Partners Income Trust has successfully completed an offering of convertible unsecured senior debentures totaling $92 million, including an over-allotment option exercised by underwriters [1][3]. Group 1: Offering Details - The total offering amount of the debentures is$92 million, which includes an additional $12 million from the over-allotment option [1]. - The debentures carry an interest rate of 6.50% per annum, with interest payments scheduled semi-annually starting December 31, 2025, and maturing on June 30, 2030 [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to partially repay outstanding indebtedness under Alaris' subsidiary's senior debt facility, which may be redrawn for future investments or general trust purposes [3]. Group 3: Company Overview - Alaris invests in a diversified group of private businesses primarily through structured equity, aiming to deliver stable and predictable returns to unitholders through cash distributions and capital appreciation [4].