dentalcorp Announces Extension of Maturity of Credit Facility

TORONTO -- 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. This reduction reflects dentalcorp’s continued ability to generate strong free cash flow while maintaining its balanced approach to growth and will lower the Company’s overall cost of capital. Read More