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Published on 12/20/2019 in the Prospect News Bank Loan Daily.

Curaleaf gets commitments for $275 million four-year secured loan

By Angela McDaniels

Tacoma, Wash., Dec. 20 – Curaleaf Holdings, Inc. received commitments from a syndicate of lenders for a $275 million four-year senior secured term loan, according to a news release from Feuerstein Kulick LLP.

Curaleaf received commitments from existing lenders and other investors.

The term loan and lender commitments are subject to the completion of customary closing conditions, with an expected drawdown on or about Jan. 10.

Curaleaf is a vertically integrated cannabis operator based in Wakefield, Mass.


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