Canopy Growth reduces term loan by $100M through early prepayment

seekingalpha
2024-10-17
  • Canopy Growth (NASDAQ:CGC) said it has made an early prepayment under its senior secured term loan in an aggregate principal amount equal to $100M at a discounted price of $97.5M.
  • The move also resulted in annualized interest expense savings of approximately $14M.

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