Corus Orthodontists, a Calgary-based orthodontic network, has secured a syndicated credit facility from Canadian and US lenders.
The financing will increase the company’s capital from $175 million to $250 million.
Canadian Imperial Bank of Commerce (CIBC) served as sole lead arranger and administrative agent, with Scotiabank and ATB Financial acting as joint documentation agents.
Led by Peter Bishop and Dean Prevost, Corus Orthodontists plans to use the funds to scale its operations and strengthen its network of physician-led clinics, sharing resources and expertise to improve patient care.
With offices in Canada and the US, the company is committed to supporting community engagement, improving operational efficiency, and sustainable development.
