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Canopy USA Converts CAD$125.5 Million in TerrAscend Debt to Exchangeable Shares at CAD$5.10 per Share

  • Politics
  • December 9, 2022
  • 351
 Canopy USA Converts CAD$125.5 Million in TerrAscend Debt to Exchangeable Shares at CAD$5.10 per Share

Transaction increases Canopy USA’s conditional ownership in TerrAscend from 12.0% to 18.2% with the ability to own 23.4% upon the exercise of newly issued warrants
Significant deleveraging event fo…

Article Link:Continue Reading. Take me to the source.
Publisher:Yahoo Entertainment
Author:CNW Group
Referenced Companies: TerrAscend
Tags: Canada United States

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