Dollarama Inc. announced a private placement of 1.871% senior unsecured notes due July 8, 2026 for gross proceeds of CAD 375 million and 2.443% senior unsecured notes due July 9, 2029 for gross proceeds of CAD 375 million for aggregate gross proceeds of CAD 750 million on June 23, 2021. Interest on 2026 notes will be payable semi-annually until maturity on the 8th day of January and July of each year, commencing on January 8, 2022 and on the 9th day of January and July of each year, commencing on January 9, 2022 for the 2029 notes. The notes will be issued at par.

The transaction is expected to close on or about July 8, 2021, subject to customary closing conditions.