DIVERSIFIED RTY CORP 6% DEB CNV SUB 30/06/2027DIVERSIFIED RTY CORP 6% DEB CNV SUB 30/06/2027DIVERSIFIED RTY CORP 6% DEB CNV SUB 30/06/2027

DIVERSIFIED RTY CORP 6% DEB CNV SUB 30/06/2027

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DIV.DB.A analysis



Key facts


Issue date
Mar 30, 2022
Maturity date
Jun 30, 2027
Outstanding amount
‪52.50 M‬CAD
Face value
1,000.00CAD
Minimum denomination
1,000.00CAD
Coupon
6.00% (Fixed)
Yield to maturity
6.41%
Diversified Royalty Corp. engages in the acquisition of well-managed royalties from multi-location businesses and franchisors. It also owns the following trademarks: Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres. The company was founded on July 29, 1992 and is headquartered in Vancouver, Canada.
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