{"id":3422,"date":"2020-09-28T14:57:25","date_gmt":"2020-09-28T14:57:25","guid":{"rendered":"https:\/\/dyedurham.com\/?p=3422"},"modified":"2026-01-22T04:02:29","modified_gmt":"2026-01-22T09:02:29","slug":"dye-durham-limited-announces-new-credit-facility","status":"publish","type":"post","link":"https:\/\/dyedurham.com\/dye-durham-limited-announces-new-credit-facility\/","title":{"rendered":"Dye &#038; Durham Limited Announces New Credit Facility"},"content":{"rendered":"<p>Dye &amp; Durham a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals, announced today that it entered into a new credit agreement (the &#8220;Credit Agreement&#8221;) that provides for a\u00a0<span class=\"xn-money\">C$140.0 million<\/span>\u00a0revolving term loan facility with an additional uncommitted accordion of up to\u00a0<span class=\"xn-money\">C$25.0 million<\/span>, for an aggregate total availability of up to\u00a0<span class=\"xn-money\">C$165.0 million<\/span>.<\/p>\n<p>The Company used the proceeds from the new Credit Agreement to repay the amounts outstanding under its prior term loan facility, with the remaining amounts to be used for general corporate purposes and permitted acquisitions.<\/p>\n<p><a href=\"https:\/\/www.newswire.ca\/news-releases\/dye-amp-durham-limited-announces-new-credit-facility-868102778.html\" target=\"_blank\" rel=\"noopener\">Read full Press Release<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dye &amp; Durham a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals, announced today that it entered into&#8230;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[12],"class_list":["post-3422","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Credit Facility Announced | Dye &amp; Durham<\/title>\n<meta name=\"description\" content=\"Dye &amp; Durham has entered into a new credit agreement (the &quot;Credit Agreement&quot;) that provides for a C$140.0 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dyedurham.com\/dye-durham-limited-announces-new-credit-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Credit Facility Announced | Dye &amp; Durham\" \/>\n<meta property=\"og:description\" content=\"Dye &amp; Durham has entered into a new credit agreement (the &quot;Credit Agreement&quot;) that provides for a C$140.0 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dyedurham.com\/dye-durham-limited-announces-new-credit-facility\/\" \/>\n<meta property=\"og:site_name\" content=\"Dye &amp; Durham\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-28T14:57:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-22T09:02:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dyedurham.com\/wp-content\/uploads\/2022\/07\/DD-GLOBAL-THUMBNAIL.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"627\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Sydney Wong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sydney Wong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dyedurham.com\\\/dye-durham-limited-announces-new-credit-facility\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dyedurham.com\\\/dye-durham-limited-announces-new-credit-facility\\\/\"},\"author\":{\"name\":\"Sydney Wong\",\"@id\":\"https:\\\/\\\/dyedurham.com\\\/#\\\/schema\\\/person\\\/4abf0e7b1d5929a4ac35097e9f0503a2\"},\"headline\":\"Dye &#038; 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