DGAP-Ad-hoc: Dream Global Real Estate Investment Trust / Key word(s):
Rating/Bond
DREAM GLOBAL REIT (TSX:DRG.UN, FRA:DRG) RECEIVES CREDIT RATING UPGRADE
20-Jun-2019 / 15:22 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
*Dream Global REIT - Ad-hoc Notice: Disclosure of an inside information
according to Article 17 MAR*
*TORONTO, June 20, 2019*
*DREAM GLOBAL REIT (TSX:DRG.UN, FRA:DRG) RECEIVES CREDIT RATING UPGRADE*
Dream Global REIT (the "Trust") today 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 by the Trust,
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. Dream Global
REIT's 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.
*Important Notices:*
This ad-hoc notice does not constitute an offer to sell securities, nor is
it a solicitation of an offer to buy securities, in any jurisdiction in
which such offer or solicitation is unlawful. This ad-hoc notice 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.
Certain statements in this ad-hoc notice are forward-looking statements. By
their nature, forward-looking statements involve a number of risks,
uncertainties and assumptions that could cause actual results or events to
differ materially from those expressed or implied by the forward-looking
statements. These risks, uncertainties and assumptions could adversely
affect the outcome and financial consequences of the plans and events
described herein. No one undertakes any obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise. You should not place any undue
reliance on forward-looking statements which speak only as of the date of
this ad-hoc notice.
*Contact:*
P. Jane Gavan Rajeev Viswanathan Alexander Sannikov
President and Chief Financial Officer Chief Operating Officer
Chief Executive
Officer
(416) 365-6572 (416) 365-8959 (416) 365-4106
jgavan@dream.ca rviswanathan@dream.ca asannikov@dream.ca
*Company:*
Dream Global Real Estate Investment Trust
State Street Financial Centre
301-30 Adelaide Street East,
Toronto
Ontario
Canada
20-Jun-2019 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: Dream Global Real Estate Investment Trust
30 Adelaide Street East
M5C 3HI Toronto
Canada
Phone: 416-365-3535
Fax: 416-365-6565
E-mail: globalinfo@dream.ca
Internet: www.dreamglobalreit.ca
ISIN: CA26154A1066
WKN: A1131Y
Listed: Regulated Market in Frankfurt; Regulated Unofficial Market in
Berlin, Munich, Stuttgart, Tradegate Exchange; Toronto
EQS News ID: 828093
End of Announcement DGAP News Service
828093 20-Jun-2019 CET/CEST
(END) Dow Jones Newswires
June 20, 2019 09:22 ET (13:22 GMT)
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