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Dye & Durham Announces Pricing of Refinancing Transactions

Newswire.ca - Fri Apr 5, 6:00AM CDT

TORONTO, April 5, 2024 /CNW/ - Dye & Durham Limited ("Dye & Durham" or "Holdings") (TSX: DND) today announced that Dye & Durham Corporation (the "Company"), a wholly-owned subsidiary of Holdings, has priced and allocated USD $350 million aggregate principal amount of its senior secured Term Loan B Facility (the "New Term Loan Facility") and will enter into its CAD $105 million revolving credit facility (the "New Revolving Facility" and, together with the New Term Loan Facility, the "New Senior Secured Credit Facilities") and priced USD $555 million aggregate principal amount of its 8.625% senior secured notes due 2029 (the "New Senior Secured Notes" and together with the New Senior Secured Credit Facilities, the "Refinancing Transactions").

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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