Dorel Secures Long-term Financing
MONTREAL, Quebec (BRAIN)—Dorel Industries has secured new long-term financing through the sale of $200 million in guaranteed notes. The $2.2 billion Canadian company owns several bike brands including Cannondale, GT, Mongoose, Schwinn, Pacific Cycle, Sugoi and Iron Horse, as well as distributors in Australia and the U.K. Dorel also has divisions in home furnishing and …