Village Farms International Announces Completion of the Accordion Provision of the Pure Sunfarms' Credit Facility
Village Farms International, Inc. - Common Shares (VFF)
Last village farms international, inc. - common shares earnings: 3/30 07:25 pm
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Source: PR Newswire
-- Expanded Facility Provides Additional Financial Resources and Flexibility as Pure Sunfarms Continues to Build on its Success to Date as a Leading Canadian Cannabis Producer and Brand – VANCOUVER, BC, July 1, 2020 /PRNewswire/ - Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ: VFF) (TSX: VFF) today announced its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has further expanded its credit facility (the "Credit Facility") with the lending syndicate led by Bank of Montreal and including Farm Credit Canada ("FCC") and the addition of CIBC to its full $59 million capacity with the completion of the Credit Facility's accordion feature. The Credit Facility now consists of a $15.0 million revolving operating loan (the "Revolver") and a $25.0 million term loan (the "New Term Loan"), in addition to its existing $19.0 million loan (the "Existing Loan"). The New Term Loan is specifically designated for
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- A category innovation: Pure Sunfarms introduces Hi-Def Pre-Rolls [Financial Post (Toronto, Ontario, Canada)]Financial Post
- A category innovation: Pure Sunfarms introduces Hi-Def Pre-RollsGlobeNewswire
- Village Farms International Comments on Canadian BudgetGlobeNewswire
- Village Farms International Posts Eight Consecutive Months of National Share Growth [Financial Post (Toronto, Ontario, Canada)]Financial Post
VFF
Earnings
- 3/13/24 - Miss
VFF
Sec Filings
- 4/18/24 - Form 8-K
- 4/12/24 - Form 4
- 4/10/24 - Form 4
- VFF's page on the SEC website