secwatch.observer — SEC 8-K summary
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Issuer:     Trulieve Cannabis Corp. (TCNNF)
CIK:        0001754195
Form:       8-K
Filed at:   2022-12-21T23:59:59+00:00
Accession:  0001193125-22-310046
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trulieve closes $71.5M secured loan at 7.53% fixed rate for five years
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- Loan of $71.5M secured by cultivation/manufacturing site in Monticello, Florida.
- Fixed interest rate of 7.53%, matures December 21, 2027.
- Three-bank syndicate with Valley National Bank as lead agent.
- Proceeds to be used for general corporate purposes, non-dilutive.
- CEO cites improved flexibility to focus on cash flow in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754195/000119312522310046/0001193125-22-310046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754195/000119312522310046/d410972d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-310046

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