debt
confidence high
sentiment positive
materiality 0.60
Jushi exchanges $9.85M unsecured debt for $4.75M second-lien notes, warrants, cash
Jushi Holdings Inc.
- Exchanged $9.85M of unsecured notes for $4.75M of 12% second-lien notes due Dec 2026.
- Issued warrants to purchase 1.8M subordinate voting shares at $1.00 per share, expiring Dec 2026.
- Paid $2.75M cash to holders as part of the exchange.
- Second-lien notes and warrants issued in private placement exempt from registration under Section 4(a)(2)/Reg D.