Aurora Cannabis Announces $200 Million Debt Facility Deal with Bank of Montreal
Aurora Cannabis Inc. (OTCQB: ACBFF) announced on September 4th that the company has completed its debt facility deal with the Bank of Montreal. The deal consists of a $150 million loan and a $50 million in credit option.
Both portions of the loan are set to mature in 2021 with an option to increase the loan to $250 million after October 17th, 2018.
Aurora Cannabis’ production facilities, such as, Aurora Sky, Mountain, and Vie served as assets in the agreement to secure the debt facility.
Aurora Cannabis Announces $200 Million Debt Facility Deal with Bank of Montreal
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