Dollarama Prices C$750 Million Private Offering of Senior Notes

BY MT Newswires | CORPORATE | 04/01/26 07:10 AM EDT

07:10 AM EDT, 04/01/2026 (MT Newswires) -- Dollarama (DLMAF) late on Tuesday said it has priced an offering of C$750 million of fixed rate senior unsecured notes to be issued in two series.

The offering is composed of $375 million of 3.940% senior unsecured notes due July 25, 2031, and $375 million of 4.576% senior unsecured notes due April 2, 2036. Both notes will be issued at par.

Net proceeds will be used to repay the $375 million of outstanding 1.871% fixed rate senior unsecured notes due July 8, 2026, which will be repaid in full at maturity, as well as to fund capital expenditure initiatives and for general corporate purposes.

The offering is scheduled to close on or about April 2, subject to customary closing conditions.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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