DII.B Dorel Industries Inc. NV Cl B

Dorel Enters into New US$88 Million Term-Loan Facility

Dorel Enters into New US$88 Million Term-Loan Facility

MONTREAL, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Dorel Industries Inc. (TSX: DII.B, DII.A) today announced that it has entered into a new US$88 million senior secured term-loan credit agreement with a group of lenders led by First Eagle Investments, as lead arranger and sole bookrunner, and administrative agent. The new term loan, which is guaranteed by certain of Dorel’s subsidiaries, will mature on the earlier of December 8, 2026 and the date on which Dorel’s revolving credit facility matures, currently scheduled for June 4, 2026 unless extended in accordance with the terms of the related credit agreement.

Profile



Dorel Industries Inc. (TSX: DII.B, DII.A) is a global organization, operating two distinct businesses in juvenile products and home products. Dorel’s strength lies in the diversity, innovation and quality of its products as well as the superiority of its brands. Dorel Juvenile’s powerfully branded products include global brands Maxi-Cosi, Safety 1st and Tiny Love, complemented by regional brands such as BebeConfort, Cosco, Mother’s Choice and Infanti. Dorel Home, with its comprehensive e-commerce platform, markets a wide assortment of domestically produced and imported furniture. Dorel has annual sales of US$1.6 billion and employs approximately 4,000 people in facilities located in twenty-two countries worldwide.

CONTACTS:

Saint Victor Investments Inc

Rick Leckner

(514) 245-9232 

Dorel Industries Inc.

Jeffrey Schwartz

(514) 934-3034







EN
08/12/2023

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DII.BDorel Industries Inc. NV Cl B

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May 2, 2024 1 EN
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May 2, 2024 1 EN
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Dorel Reports Fourth Quarter and 2023 Year-End Results

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March 11, 2024 1 EN
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Dorel publie ses résultats du quatrième trimestre et de fin d’exercic...

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March 11, 2024 1 EN
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REMINDER: Dorel Industries Will Hold a Conference Call to Discuss Its ...

REMINDER: Dorel Industries Will Hold a Conference Call to Discuss Its Fourth Quarter and Year-End Results MONTREAL, March 11, 2024 (GLOBE NEWSWIRE) -- CONFERENCE CALL: OPEN TO:  Analysts, investors and all interested partiesDATE:  Tuesday, March 12, 2024TIME: 11:00 AM Eastern TimeCALL:  1-800-319-4610 THE PRESS RELEASE WILL BE PUBLISHED THE DAY PRIOR (MARCH 11) AFTER MARKETS CLOSE, THROUGH GLOBENEWSWIRE. Please dial in 15 minutes before the conference begins. If you are unable to call in at this time, you may access a recording of the meeting by calling 1-800-319-6413 and entering the ...

March 11, 2024 1 EN

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