Canopy Growth prepays US$100M of term loan at discount; saves ~US$14M annually

Canopy Growth Corp

Prepaid US$100M principal at discounted price of US$97.5M, reducing leverage.
Annualized interest expense savings of approximately US$14 million.
Maturity extended to at least December 18, 2026 via Term Loan Amendment.
Option to prepay another US$100M by Mar 31, 2025; if exercised, maturity extends to Sep 2027.
CFO Judy Hong cites commitment to reducing cash burn and strengthening capital structure.

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