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Cassels Brock Acts for DionyMed Brands in Connection with up to US$40 Million Credit Facility

Published: 01/16/2019

On January 16, 2019, DionyMed Brands Inc. signed a definitive agreement for a two year, up to US$40 million senior secured credit facility from a syndicate of investors. The credit facility consists of a US$15 million term loan facility and a US$25 million asset-backed loan facility. DionyMed will draw US$13 million following the completion of certain conditions to the satisfaction of the investors. 
Cassels Brock acted for DionyMed Brands.