Aurora Cannabis repays full C$89 million under credit facility

By Wendy Van Sickle

Columbus, Ohio, June 1 – Aurora Cannabis Inc. fully repaid its second amended and restated credit facility due Dec. 31, 2022 without penalty as part of a balance sheet restructuring, which the company said resulted in a C$25 million reduction in principal and interest payments over the next year based on the outstanding balance at the time of repayment.

The amount repaid totals around C$89 million, including interest. The credit facility consists of a term loan and a revolver.

Aurora Cannabis is an Edmonton, Alta.-based cannabis company.

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