Core Viewpoint - Dorel Industries Inc. has successfully closed new credit facilities totaling US $310 million and a private placement of preferred shares amounting to US $75 million, aimed at recapitalizing its balance sheet and supporting strategic growth initiatives [1][2]. Financial Transactions - The new credit facilities were arranged with lenders led by TCW Asset Management Company, while AIMCo participated in the preferred shares placement [1][2]. - Proceeds from these transactions will be utilized to fully repay approximately US $180 million of previous senior secured debt, cover restructuring costs for the Home segment, and provide working capital [2]. Company Profile - Dorel Industries operates in two main sectors: juvenile products and home products, with annual sales of US $1.3 billion and a workforce of approximately 3,500 employees across 22 countries [5]. - The company’s juvenile segment includes well-known brands such as Maxi-Cosi, Safety 1st, and Tiny Love, while the home segment features a diverse range of furniture marketed through an e-commerce platform [5]. Advisory and Legal Support - TD Securities Inc. served as the sole financial advisor for the debt financing, while BMO Capital Markets acted as a placement agent for the preferred shares [3]. - Legal advisory for the transactions was provided by multiple firms, including Fasken Martineau DuMoulin LLP and ArentFox Schiff [4].