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Stock impact report

The Cannabist Company Announces Agreement to Extend the Maturity Date of its Senior Secured Notes to December 2028, with Options to Extend through 2029 [Yahoo! Finance]

Moelis & Company Class A (MC) 
Last moelis & company class a earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: moelis.com
Company Research Source: Yahoo! Finance
the "Company"), one of the most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., announced today that it has entered into a support agreement dated February 27, 2025 (the "Support Agreement") with holders (the "Supporting Noteholders") representing approximately 61% of the aggregate principal amount of issued Senior Notes (as defined below) regarding the exchange of their notes for new notes having a later maturity date and additional covenants, all as described herein (the "Transaction"). "At the beginning of 2024, we launched a midterm strategy designed to transform our business through footprint optimization, improved operational efficiency, and proactive balance sheet management. Over the past year, we have successfully implemented meaningful corporate restructuring and strategic asset divestitures. As the next step in our process, we are pleased to announce a mutual agreement with our bondholders to extend the maturities of our senior debt Show less Read more
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