dentalcorp Announces Extension of Maturity of Credit Facility
dentalcorp Holdings Ltd. (“dentalcorp” or the “Company”) (TSX: DNTL), Canada’s leading network of dental practices, today announced an extension to its existing syndicated senior secured credit facility with a consortium of banks, led by CIBC Capital Markets and TD Securities.
- dentalcorp Holdings Ltd. (“dentalcorp” or the “Company”) (TSX: DNTL), Canada’s leading network of dental practices, today announced an extension to its existing syndicated senior secured credit facility with a consortium of banks, led by CIBC Capital Markets and TD Securities.
- The maturity date of the credit facility will be extended to January 18, 2028, from its original May 27, 2026 date.
- Concurrently, dentalcorp reduced the facility amount from $1.75 billion to $1.4 billion.
- In addition, dentalcorp has fully hedged the previously unhedged portion of its credit facility.