Business
ATB Capital Markets Acts as Sole Placement Agent for Canopy Growth's US $150 Million Registered Direct Offering
ATB Capital Markets Acts as Sole Placement Agent for Canopy Growth's US $150 Million Registered D...
About this update from Canopy Growth Corporation
[{"type":"text","content":"\n \n \n \n ATB Capital Markets Acts as Sole Placement Agent for Canopy Growth's US $150 Million Registered Direct Offering\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Feb. 21, 2023\n \n \n /CNW/ - Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced today that it has entered into an agreement with an institutional investor for the purchase and sale of\n \n US$150,000,000\n \n aggregate principal amount of senior unsecured convertible debentures and bear interest at a 5.0 percent annual rate (the \"Convertible Debentures\"). Acting as the sole placement agent for this offering was ATB Capital Markets Inc.\n \n \n \n \n \n \n \n \n \n \"Supporting the transformation and accelerated growth of this innovative company and as one of the largest financings in\n \n Canada\n \n this year, ATB Capital Markets is pleased to act as the sole placement agent,\" said\n \n Darren Eurich\n \n , CEO of ATB Capital Markets. \"As a bespoke product sourced by ATB Capital Markets Inc., our expert team provided strategic business support to raise investment capital that met the unique requirements of both the investor and Canopy Growth.\"\n \n \n For more information on this offering visit\n \n \n www.canopygrowth.com\n \n \n .\n \n \n About ATB Financial\n \n \n With\n \n $58.5 billion\n \n in assets, ATB Financial is an\n \n Alberta\n \n -built financial institution that is a catalyst for economic growth in our province. We got started in 1938 to help Albertans through tough economic times. Today, ATB Financial's more than 5,000 team members love to deliver exceptional experiences to nearly 800,000 clients through our many branches and agencies, our 24-hour Client Care Centre, four entrepreneur centres, and our digital banking options. ATB powers possibilities for our clients,\n \n Alberta\n \n and beyond.\n \n \n About ATB Capital Markets\n \n \n ATB Capital Markets offers holistic corporate and capital markets advice, combined with customized financial solutions to help businesses thrive. We're...