Cresco Labs Secures Credit Facility For up to $200M

Cresco laboratories (OTC: CRLBF) has tapped a source that is fresh of. The business announced Thursday early early morning so it has entered into an understanding by having a syndicate of loan providers for the senior term that is secured center for as much as $200 million.

The draw-down that is initial of to $100 million should happen «on or just around» Jan. 30, the business stated.

Image supply: Getty Graphics

Each draw from the loan will be for a phrase of 1. 5 years or two years, in the loan provider’s discretion. (Leer más…)

Escrito por mariabella | 18 de mayo de 2020 | 0 comentarios
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