Alaris Equity Partners Income Trust is pleased to announce the redemption of Alaris' interest in Kimco Holdings, LLC in connection with a sale of Kimco to a third party. The Kimco Sale closed on April 1, 2022 and resulted in gross proceeds to Alaris of US$68.2 million , consisting of US$44.7 million for the redemption of all of Alaris' preferred [...]
Alaris Equity Partners is re-distributing this press release initially dated on March 21, 2022, to state that the correct Payment Date is Monday, April 18, 2022 instead of Friday, April 15, 2022. Alaris Equity Partners Income Trust announces that the Board of Directors of the Trust has declared a trust distribution of $0.33 per trust unit for the [...]
Alaris Equity Partners Income Trust announces that the Board of Directors of the Trust has declared a trust distribution of $0.33 per trust unit for the first quarter 2022, representing $1.32 per unit on an annualized basis. The Distribution is payable on April 15, 2022 to unitholders of record on March 31, 2022. About Alaris: The Trust, through [...]
Alaris Equity Partners Income Trust is pleased to announce a follow-on investment of US$65.0 million into Body Contour Centers LLC , doing business as Sono Bello. Following the BCC Contribution, Alaris has invested US$156.0 million and is collecting US$21.2 million in annualized distributions from BCC. The US$65.0 million BCC Contribution was made [...]
Alaris Equity Partners Income Trust is pleased to announce its results for the three months and year ended December 31, 2021. The results are prepared in accordance with International Accounting Standard 34. All amounts below are in Canadian dollars unless otherwise noted. Highlights: Revenue of $37.6 million and cash generated from operating [...]
Alaris Equity Partners Income Trust is pleased to announce that it has completed its previously announced offering of listed senior unsecured debentures with a syndicate of underwriters co-led by CIBC Capital Markets, National Bank Financial and RBC Capital Markets and including Desjardins Securities Inc., Scotia Capital Inc., Acumen Capital [...]
Alaris Equity Partners Income Trust is pleased to announce that it will release its 2021 year-end results for the period ended December 31, 2021 following the closing of regular trading on the Toronto Stock Exchange Wednesday, March 9, 2022. Alaris management will host a conference call at 9 am MT the following day, Thursday, March 10, 2022 to [...]
Alaris Equity Partners Income Trust is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by CIBC Capital Markets, National Bank Financial and RBC Capital Markets pursuant to which the underwriters have agreed to purchase $65 million aggregate principal amount of listed senior unsecured debentures due [...]
Alaris Equity Partners Income Trust is pleased to announce the deployment of US$55 million into existing Partners including transactions with Fleet Advantage LLC , GWM Holdings Inc. and its affiliates and Body Contour Centers LLC doing business as Sono Bello. These transactions all closed prior to December 31, 2021. With the transactions announced [...]
Alaris Equity Partners Income Trust announces that the Board of Directors of the Trust has declared a trust distribution of $0.33 per trust unit for the fourth quarter 2021, representing $1.32 per unit on an annualized basis. The Distribution is payable on January 17, 2022 to unitholders of record on December 31, 2021. About Alaris: The Trust [...]
Alaris Equity Partners Income Trust is pleased to announce that it has made two follow-on investments : 1) US$9.5 million in to 3E, LLC ; and 2) US$5.3 million to Vehicle Leasing Holdings, LLC doing business as D&M Leasing . It is estimated that, as a result of the Follow-On Investments and associated cash flows, Alaris' Run Rate Payout Ratio [...]
Alaris Equity Partners Income Trust is pleased to announce its results for the three and nine months ended September 30, 2021. The results are prepared in accordance with International Accounting Standard 34. All amounts below are in Canadian dollars unless otherwise noted. Q3 2021 Highlights: Generated revenue of $42.9 million in the quarter, the [...]