Alaris Equity Partners Upsizes Debenture Offering Amid High Demand

The latest update is out from Alaris Royalty ( ($TSE:AD.UN) ).

Alaris Equity Partners has announced an increase in its previously announced convertible unsecured senior debentures offering due to excess demand. The company will now issue 100,000 debentures at $1,000 each, raising $100 million, with an option for underwriters to purchase an additional $15 million. The offering is expected to close on December 17, 2025, subject to regulatory approvals, and aims to strengthen Alaris’ financial position and support its investment strategy.

The most recent analyst rating on ($TSE:AD.UN) stock is a Buy with a C$27.00 price target. To see the full list of analyst forecasts on Alaris Royalty stock, see the TSE:AD.UN Stock Forecast page.

Spark’s Take on TSE:AD.UN Stock

According to Spark, TipRanks’ AI Analyst, TSE:AD.UN is a Outperform.

Alaris Royalty’s strong financial performance, characterized by robust profitability and a healthy balance sheet, is a key strength. The stock appears undervalued with a high dividend yield, appealing to income investors. Despite limited technical momentum, recent strategic investments and consistent distributions bolster confidence in future growth. Overall, the stock presents a stable investment opportunity with potential upside from strategic initiatives.

To see Spark’s full report on TSE:AD.UN stock, click here.

More about Alaris Royalty

Alaris Equity Partners Income Trust invests in a diversified group of private businesses primarily through structured equity. The company’s strategy focuses on delivering stable and predictable returns to its unitholders through cash distributions and capital appreciation, enhanced by common equity positions for alignment with its partners’ founders.

Average Trading Volume: 75,510

Technical Sentiment Signal: Buy

Current Market Cap: C$904.5M

See more data about AD.UN stock on TipRanks’ Stock Analysis page.