Dentalcorp reduces credit facility to C$1.4 billion, extends to 2028

Chicago, Jan. 23 – Dentalcorp extended its existing syndicated senior secured credit facility to Jan. 18, 2028 from the original May 27, 2026 maturity date, according to a press release.

The facility amount was reduced to C$1.4 billion from C$1.75 billion at the time of the extension.

The company fully hedged the previously unhedged portion of the facility. As a result, all of the company’s bank debt exposure is now subject to a blended rate of approximately 6.6%, at current leverage levels, through May 2026.

The new facility lists CIBC Capital Markets and TD Securities as lead bookrunners. They are joined by Bank of America and RBC Capital Markets as co-lead arrangers.

Dentalcorp is a Toronto-based dental support organization in Canada providing a full spectrum of dental services.

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