TORONTO, March 12, 2026 /CNW/ - Dye & Durham Limited (collectively with its direct and indirect subsidiaries, the "Company" or "Dye & Durham") (TSX: DND) today announced the results of the previously announced excess proceeds offer (the "Tender Offer") of Dye & Durham Corporation's outstanding 8.625% Senior Secured Notes due 2029 (the "Notes") for an aggregate purchase price of up to $45,891,016 (excluding accrued and unpaid interest to, but not including, the Settlement Date (as defined below) and excluding fees and expenses related to the Tender Offer) (the "Maximum Notes Purchase Price"). The Tender Offer was made pursuant to the terms and conditions set forth in the offer to purchase dated February 9, 2026 (as amended, supplemented or updated from time to time, the "Offer to Purchase") using a portion of the net proceeds from the Company's divestiture of Credas Technologies Ltd. as required under the indenture governing the Notes dated April 11, 2024, by and between Dye & Durham Corporation and Computershare Trust Company, N.A., as trustee and collateral agent (the "Indenture").
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Dye & Durham Announces Results of Excess Proceeds Offer
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