Dream Global REIT

  • WKN: A1131Y
  • ISIN: CA26154A1066
  • Land: Canada

Nachricht vom 20.06.2019 | 15:27

Dream Global Real Estate Investment Trust:

DGAP-News: Dream Global Real Estate Investment Trust / Key word(s): Rating/Bond

20.06.2019 / 15:27
The issuer is solely responsible for the content of this announcement.




TORONTO, June 20, 2019 DREAM GLOBAL REIT (TSX:DRG.UN, FRA:DRG) (or "Dream Global", the "Trust" or "we") announced that Moody's Investors Service ("Moody's") has upgraded the Trust's long-term issuer rating to Baa2 from Baa3. Concurrently, Moody's has upgraded to Baa2 from Baa3 the backed senior unsecured rating and the backed senior unsecured bond issued by the Trust's finance subsidiary, Dream Global Funding I S.à r.l. in July 2017.

The credit rating upgrades assume the successful placement of the planned EUR300 million senior unsecured bond announced earlier today, to which Moody's has also assigned a Baa2 rating.

About Dream Global REIT

Dream Global REIT is an owner and operator of a diversified high-quality portfolio of office and industrial properties located in key markets in Western Europe with a focus on Germany and the Netherlands. Our in-house platform comprises over 140 local leasing, property management, asset management and development professionals operating out of 13 offices in Europe and North America. For more information, please visit www.dreamglobalreit.ca.

Important Notice:

This news release does not constitute an offer to sell securities, nor is it a solicitation of an offer to buy securities, in any jurisdiction. This news release does not constitute an offer of securities for sale in the United States and the securities referred to in this news release may not be offered or sold in the United States absent registration or an exemption from registration.

For further information, please contact:

P. Jane Gavan Rajeev Viswanathan Alexander Sannikov
President and Chief Executive Officer Chief Financial Officer Chief Operating Officer
(416) 365-6572 (416) 365-8959 (416) 365-4106
jgavan@dream.ca rviswanathan@dream.ca asannikov@dream.ca


20.06.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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