Canopy Growth to Recapitalize Debt

Dow Jones01-08

By Nicholas G. Miller

Canopy Growth will recapitalize its debt through multiple transactions, extending the maturity date of all debt to January 2031 at the earliest.

The company will receive $150 million through a term loan maturing in January 2031 that carries an annual interest rate of 6.25% above the applicable term Secured Overnight Financing Rate. It will use the proceeds to repay its existing debt of $101 million due September 2027, for working capital and to fund potential acquisitions.

The company also agreed to exchange 96.4 million Canadian dollars ($69.6 million) of existing convertible debentures due May 2029 for a package of new convertible debentures, cash, shares and share purchase warrants worth 80 million Canadian dollars.

The transactions are expected to close Thursday.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

January 08, 2026 08:19 ET (13:19 GMT)

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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/CGC\">Canopy Growth</a> will recapitalize its debt through multiple transactions, extending the maturity date of all debt to January 2031 at the earliest. \n</p>\n<p>\n  The company will receive $150 million through a term loan maturing in January 2031 that carries an annual interest rate of 6.25% above the applicable term Secured Overnight Financing Rate. 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Miller at nicholas.miller@wsj.com. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 08, 2026 08:19 ET (13:19 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4557","symbol_name":"大麻股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2601362829","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2601362829","pubTimestamp":1767878340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Canopy Growth will recapitalize its debt through multiple transactions, extending the maturity date of all debt to January 2031 at the earliest.The company will receive $150 million through a term loan maturing in January 2031 that carries an annual interest rate of 6.25% above the applicable term Secured Overnight Financing Rate. 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Miller \n\n\n \n\n\nCanopy Growth will recapitalize its debt through multiple transactions, extending the maturity date of all debt to January 2031 at the earliest. \n\n\n  The company will receive $150 million through a term loan maturing in January 2031 that carries an annual interest rate of 6.25% above the applicable term Secured Overnight Financing Rate. It will use the proceeds to repay its existing debt of $101 million due September 2027, for working capital and to fund potential acquisitions. \n\n\n  The company also agreed to exchange 96.4 million Canadian dollars ($69.6 million) of existing convertible debentures due May 2029 for a package of new convertible debentures, cash, shares and share purchase warrants worth 80 million Canadian dollars. \n\n\n  The transactions are expected to close Thursday. \n\n\n \n\n\n  Write to Nicholas G. 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