Dorel Industries Inc. announced a it has enter into a credit agreement with group of lenders for $88 million senior secured term loan on December 8, 2023. The term loan is guaranteed by certain of company?s subsidiaries. The loan will be mature on the earlier of December 8, 2026, and the date on which Dorel?s revolving credit facility matures, currently scheduled for June 4, 2026 unless extended in accordance with the terms of the related credit agreement.