Announced today that it is finalizing the terms and conditions of new credit facilities with a group of lenders led by affiliates of TCW Asset Management Company LLC, as administrative agent, in an amount up to $310 million, and of an agreement with Alberta Investment Management Corporation for a private placement of preferred shares in an amount of $75 million. Dorel Industries Inc. shares T.DII.B are trading up $0.24 at $1.65.
Stocks in play: Dorel Industries Inc.
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