Dye & Durham Ltd T.DND

Alternate Symbol(s): DYNDF

Technology Software - Application

Dye & Durham Limited is a Canada-based provider of practice management solutions. The Company offers cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The Company provides critical workflow software and information services, which clients use to manage their process, information and regulatory requirements. The Company has three geographic segments, being Canada, United Kingdom and Ireland, and Australia. Its solutions include practice management, data insights and due diligence and payment infrastructure. It has operations in Canada, the United Kingdom, Ireland, Australia and South Africa. The Company serves a large customer base of over 60,000 legal firms, financial service institutions and government organizations. Its subsidiaries include Dye & Durham Corporation, Dye & Durham (UK) Limited, Dye & Durham (UK) Holdings Limited, Dye & Durham Australia Pty Limited and GlobalX Information Pty Ltd.

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Dye & Durham Ltd

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Post by Betteryear2on Sep 24, 2024 9:16am

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Post# 36238000

Dye & Durham Announces Early Debt Repayment of $20.3 Million

Company to repay $20.3 million of principal outstanding on senior secured Term Loan B Facility
Management is strongly committed to reducing its net leverage ratio

TORONTO, Sept. 24, 2024 /CNW/ - Dye & Durham Limited ("Dye & Durham" or the "Company") (TSX: DND), one of the world's largest providers of cloud-based legal practice management software, today announced that it will make an early repayment of CAD $20.3 million (USD $15 million) on the Company's USD $350 million aggregate principal amount senior secured Term Loan B Facility (the "Term Loan Facility"), on September 26, 2024.

Dye & Durham Announces Early Debt Repayment of $20.3 Million as a Result of Strong Free Cash Flow Generation (newswire.ca)