5 Articles
5 Articles
Village Farms International, Inc. (VFF) Refinances and Extends Canadian Cannabis Credit Agreement
Village Farms International Refinances and Extends Canadian Cannabis Credit Agreement Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today announced that it has refinanced its syndicated Canadian Cannabis Term Loans, consolidating its three previous loans into one credit facility with two of its existing lenders. The new Canadian cannabis credit facility carries a variable interest rate below 8.0 percent, refl…
Village Farms International Refinances and Extends Canadian Cannabis Credit
VANCOUVER, British Columbia — Village Farms International Inc. refinanced its syndicated Canadian cannabis term loans, consolidating three previous loans into one credit facility with two of its existing lenders. The new Canadian cannabis credit facility carries a variable interest rate below 8.0 percent, reflecting a 50 basis point improvement to the previous interest rate, as well as improved financial covenants and a maturity date of February…
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