TSX:CURAPharmaceuticals
Will Curaleaf’s (TSX:CURA) Expanded Credit Facility Transform Its Approach to Capital Efficiency?
Earlier this month, Curaleaf Holdings announced it had expanded its secured revolving credit facility with Needham Bank from US$40 million to US$100 million, while extending the potential maturity to up to five years and reducing interest costs on refinancing certain acquisition-related debt.
This significant enhancement of Curaleaf's credit facility aims to lower financing costs and provide greater flexibility for both debt repayment and working capital support.
Now, we will explore how...