Dye & Durham Unveils $905M Refinancing Strategy
Company Announcements

Dye & Durham Unveils $905M Refinancing Strategy

Dye & Durham Ltd. (TSE:DND) has released an update.

Dye & Durham Ltd., a global provider of legal and business services, has announced a significant refinancing plan involving a mix of term loans, revolving credit, and senior secured notes, totaling USD $905 million. The move aims to refinance existing credit facilities, repurchase certain debentures, and provide for working capital and general corporate purposes. The transaction, which is set to close on April 11, 2024, underscores the company’s strategic financial management and growth funding initiatives.

For further insights into TSE:DND stock, check out TipRanks’ Stock Analysis page.

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!