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Dye & Durham plans to refinance convertibles due 2026 from new debt
Chicago, March 20 – Dye & Durham plans to repurchase some or all of its 3.75% convertible senior debentures due 2026 from a refinanced credit facility and new secured debt, according to a press release.
The refinancing of the company’s existing credit facilities will address the risk that its maturity is accelerated in the event that any of the company’s 3.75% convertible senior unsecured debentures due 2026 are outstanding as at Sept. 30, 2025.
The Toronto-based company provides cloud-based legal practice management software.
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