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TerrAscend Completes $37M Paydown Of Senior Secured Term Loan In Pennsylvania
Friday, June 30, 2023 - 9:19am | 336TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) announced that its subsidiary, WDB Holding PA, Inc., has completed the paydown of $37 million of its senior secured term loan in Pennsylvania, which bears a fixed interest rate of 12.875%. The paydown reduces the loan outstanding in Pennsylvania to $78...
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TerrAscend Closes $25M Commercial Loan With Stearns Bank
Tuesday, June 27, 2023 - 12:34pm | 311TerrAscend Corp. (OTCQX: TRSSF), a leading North American cannabis operator, announced that it has closed on a US$25 million commercial loan with Stearns Bank, noting that the proceeds from the loan will be used to pay down the Company’s higher-interest rate debt, thereby lowering...