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Dye & Durham Announces Proposed USD $500 million Senior Secured Notes Offering

Newswire.ca - Mon Apr 1, 7:25AM CDT

TORONTO, April 1, 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 commenced an offering (the "New Senior Secured Notes Offering") of USD$500 million in aggregate principal amount of new senior secured notes (the "New Senior Secured Notes"). The New Senior Secured Notes Offering is part of the Company's refinancing transactions in conjunction with its previously announced new senior secured Term Loan B facility and revolving credit facility (the "New Senior Secured Credit Facilities"), which commenced marketing on March 20, 2024.  

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