| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Tenders > Headlines for 2023 > News item |
Canopy Growth to exchange C$12.5 million 4.25% notes for cash, stock
By Marisa Wong
Los Angeles, June 30 – Canopy Growth Corp. announced it entered into privately negotiated exchange agreements with some holders of its outstanding 4.25% senior notes due 2023 to acquire C$12.5 million of the notes in exchange for common shares and cash.
Specifically, the company has agreed to acquire and cancel the C$12.5 million of notes in exchange for cash, including accrued interest, and the issuance of about 24.3 million Canopy shares.
The transaction is being conducted as a private placement.
HudsonWest LLC acted as financial adviser.
Canopy Growth is a Smiths Falls, Ont.-based cannabis company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.