aurora cannabis

Aurora Cannabis raises $345 million through convertible debt offering

Aurora Cannabis raises $345 million through convertible debt offering

“Aurora Cannabis Inc. ACB, -3.38% ACB, -2.98% said Thursday that it had raised $345 million through a convertible debt offering. Aurora stock was up 2.7% in afternoon trading Thursday. The company said the convertible debt is due in 2024 and carry an interest rate of 5.5%. In a statement, the company said it planned to use the cash to expand in Canada and abroad, among other things.” – MarketWatch

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