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Ascend Wellness announces one of the largest debt deals ever among Cannabis Companies
Ascend Wellness announces one of the largest debt deals ever among Cannabis Companies
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Cannabis News
July 16, 2024
Company is using proceeds of $235 million debt offering to prepay a three-year note. Ascend Wellness on Monday announced one of the largest-ever debt-raising transactions for a U.S. cannabis company, with a $235 million private placement of 12.75% senior secured notes due in 2029. Ascend Wellness
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