Has received commitments for a private placement of US$500 million aggregate principal amount of 11.5% senior secured notes due February 1, 2029. The Company intends to use the proceeds from the Offering to refinance its existing US$475 million senior secured notes due December 15, 2026 ($457 million of which is currently outstanding). The balance will provide incremental capital to support global growth initiatives, and to pay transaction fees and expenses. Curaleaf Holdings, Inc. shares T.CURA are trading up $0.07 at $3.34.
Stocks in play: Curaleaf Holdings, Inc.
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