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Benzinga
Benzinga
Business
Nina Zdinjak

Trulieve Borrows Additional $75M Via Private Placement Of 8% Senior Secured Notes

Trulieve SEC TRUL CSE Trulieve Cannabis Corp.

Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX:TCNNF) confirmed Friday that it has completed the second tranche of its previously announced private placement of 8% senior secured notes due 2026 for total gross proceeds of $75 million. Combined with the first offering of notes, which closed on October 6, 2021, Trulieve has issued notes totaling aggregate gross proceeds of $425.0 million.

The notes have the same terms as those initially issued.

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