Ascend Wellness announces one of the largest debt deals ever among Cannabis Companies

On: July 16, 2024

Image

Cannabis News
July 16, 2024

Company is using proceeds of $235 million debt offering to prepay a three-year note. Ascend Wellness on Monday announced one of the largest-ever debt-raising transactions for a U.S. cannabis company, with a $235 million private placement of 12.75% senior secured notes due in 2029. Ascend Wellness

Marijuana Politics

Marijuana Business News

Market Watch

Read More: Ascend Wellness announces one of the largest debt deals ever among Cannabis Companies

Previous Post: California awards $2M to Cannabis restoration projects

Next Post: Measurement Standards Group To Vote On Adding Cannabis Moisture Loss Proposal To Federal Handbook

Comments are closed, but trackbacks and pingbacks are open.