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Prospect News home > News index > List of issuers D > Headlines for Dorel Industries Inc. > News item |
Dorel gets three-year $88 million term loan led by First Eagle
By Wendy Van Sickle
Columbus, Ohio, Dec. 8 – Dorel Industries Inc. entered into an $88 million senior secured term loan agreement, according to a news release.
Th term loan will mature on the earlier of Dec. 8, 2026 or the date on which Dorel’s revolver matures, which is currently set of June 4, 2026 but may be extended.
The loan was led by First Eagle Investments Partners as lead arranger, bookrunner and administrative agent.
Dorel is a juvenile products and bicycle company based in Montreal.
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