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Dye & Durham Increases Offer to Purchase 3.75% Senior Unsecured Convertible Debentures due March 1, 2026

Newswire.ca - Fri Jan 5, 6:00AM CST

TORONTO, Jan. 5, 2024 /CNW/ - Dye & Durham Limited (TSX: DND) ("Dye & Durham" or the "Company"), one of the world's largest providers of cloud-based legal practice management software designed to make managing a law firm, organizing cases, and collaborating with clients easy, today announced that it, in response to demand, it has upsized and, in accordance with regulatory requirements, extended its existing substantial issuer bid (the "Offer") to purchase for cancellation a portion of its issued and outstanding 3.75% senior unsecured convertible debentures due March 1, 2026 (the "Original Debentures"). The Offer is part of Dye & Durham's plan, first announced on October 20, 2023, to improve the flexibility of its balance sheet and reduce its convertible debt.

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