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Dorel Completes Closing for New Credit Facilities and Issue of Preferred Shares
Globenewswire·2025-09-29 16:57

MONTRÉAL, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Dorel Industries Inc. (TSX: DII.B, DII.A) announced today that it completed the closing of its previously-announced new credit facilities with a group of lenders led by affiliates of TCW Asset Management Company LLC (“TCW”), as administrative agent, in an amount of US 310million,andaprivateplacementwithAlbertaInvestmentManagementCorporation(“AIMCo”)ofpreferredsharesinanamountofUS310 million, and a private placement with Alberta Investment Management Corporation (“AIMCo”) of preferred shares in an amount of US 75 million. “Dorel is very pleased to complete these two transa ...