NASDAQ | TSX: ACB
EDMONTON, AB, Feb. 29, 2024 /CNW/ – Aurora Cannabis Inc. (“Aurora” or the “Company”) (NASDAQ: ACB) (TSX: ACB), the Canada-based leading global medical cannabis company, today announced that it has repaid an aggregate of approximately $7.2 million (US$5.3 million), representing the final payment on the principal amount of its convertible senior notes (“Notes”) at a total cash cost of $7.4 million (~US$5.5 million), including accrued interest. Following the completion of this repayment, Aurora’s remaining debt1 of $47.9 million relates to Bevo Farms Ltd.
“This final repayment represents a significant milestone for Aurora, as we have now fully paid off nearly $465 million in convertible debt,” stated Miguel Martin, Chief Executive Officer of Aurora. “Our focus on balance sheet strength has saved the Company millions in interest and we feel confident that our…
