Posts in category

Secured debt


Ascend Wellness Holdings, Inc. (CSE: AAWH.U) announced today that it recently completed a US $ 210 million financing offering senior secured term loans bearing 9.5% annual interest. The placement was managed by Seaport Global Securities as lead manager. Under the terms of the loan, interest will be payable quarterly in arrears. The debt is secured …

TAG is a renowned United States-based commercial and industrial refrigeration services company serving grocery and retail customers across North America.. Frémont, California: Backcast Partners Management, LLC (“Backcast”), a provider of debt and equity capital to private equity and non-private private equity firms, recently reported a follow-up investment supporting the acquisition from a Canadian leader in …

Magna Gold (TSXV: MGR) closed its previously announced financing. The company managed to raise gross proceeds of $ 10.0 million through a long round of fundraising that the company launched in May 2021 with Delbrook Capital Advisors. Originally advertised as a “founding and strategic shareholder financing” of the company, in May, when the financing was …

/ NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS / Avicanna Inc. (the “Company” or “Avicanna”) (TSX: AVCN) is pleased to announce the closing of the previously announced secured term financing (the …

/ NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS / TORONTO, August 19, 2021 (GLOBE NEWSWIRE) – Avicanna Inc. (the “Society” Where “Avicanna“) (TSX: AVCN) is pleased to announce the closing of …

Rating Action: Moody’s upgrades AECOM’s secured debt rating to Baa3; affirms all other ratingsGlobal Credit Research – 05 Feb 2021New York, February 05, 2021 — Moody’s Investors Service (“Moody’s”) upgraded the rating on AECOM’s senior secured credit facilities to Baa3 from Ba1 including its $1.35 billion revolving credit facility and $248.5 million term loan to …

NEW YORK, July 28, 2021 / PRNewswire / – Backcast Partners Management, LLC (“Backcast”), a provider of debt and equity capital to private and private equity capital firms in the middle market, is pleased to announce a recent investment by Follow-up supporting the acquisition of a leading Canadian HVACR services company by its existing holding …

“With our recently closed $ 23.6 million the supply of shares and total debt currently standing at $ 31.6 million – of which only $ 3.8 million is expected over the next twelve months – High Tide’s financial strength has never been stronger. Having declared an adjusted EBITDA of $ 4.6 million for our last …

“With our recently closed $ 23.6 million the supply of shares and total debt currently standing at $ 31.6 million – of which only $ 3.8 million is expected over the next twelve months – High Tide’s financial strength has never been stronger. Having declared an adjusted EBITDA of $ 4.6 million for our last …

Cansortium Inc (CSE: TIUM.u) has entered into a senior secured term loan facility. The term loan, set at US $ 71 million, was entered into through a syndicate of US-based institutional lenders. The $ 71 million term loan contains a maturity date of April 29, 2025, while bearing interest at a rate of 13% per …