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Curaleaf Closes Upsized Credit Facility

TheMotleyFool

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Curaleaf (OTC: CURLF) has secured a new credit facility. The company announced Wednesday that it will have access to $300 million, which is being provided by a syndicate of lenders. It did not identify the members of the syndicate.

That amount represents a slightly higher figure than originally planned. When Curaleaf first announced in December it had received commitments for the facility, the anticipated amount was $275 million.

Image source: Getty Images.

Source Fool.com

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