Aurora Cannabis increases secured credit facility to C$360 million from C$200 million [MarketWatch]
Aurora Cannabis increases secured credit facility to C$360 million from C$200 million Canada's Aurora Cannabis Inc. ACB, -8.56% ACB, -8.16% said Thursday it is increasing the size of a secured credit facility to C$360 million ($280 million) from C$200 million. The Edmonton, Alberta-based company said it has secured commitments from an expanded syndicate of lenders led by BMO. The additional borrowing consists of an term loans and a revolving credit facility, both of which mature in August of 2021. Shares fell 3.6% premarket, but have gained 23% in 2019, while the ETFMG Alternative Harvest ETF MJ, -6.22% has gained 9% and the S&P 500 SPX, -2.93% has gained 13.3%.
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ACB
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- ROSEN, A LEADING LAW FIRM, Reminds Aurora Cannabis Inc. Investors of Important Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $500K to Contact Firm - ACBPR Newswire
- Aurora Cannabis Forecasts Sales At High End, But Marijuana Stocks Fall [Investor's Business Daily]Investors Business Daily
- Aurora Cannabis Expects Q4 Revenue at High End of Guidance [TheStreet.com]TheStreet.com
- Aurora Cannabis receives final base shelf prospectus; reiterates fiscal Q121 guidance [Seeking Alpha]Seeking Alpha
- Aurora Cannabis sees Q1 revenue coming in at high end of $60 million to $64 million range [MarketWatch]MarketWatch
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ACB
SEC Filings
- 10/30/20 - Form 6-K
- 10/29/20 - Form F-10/A
- 10/27/20 - Form 6-K
- ACB's page on the SEC website
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