Daily News: August 15, 2019

BMO Upsizes Aurora Cannabis Facility to $280MM


Canada’s Aurora Cannabis is increasing the size of a secured credit facility to C$360 million ($280 million) from C$200 million ($150 million).

The Edmonton, Alberta-based company has secured commitments from an expanded syndicate of lenders led by Bank of Montreal. The additional borrowing consists of a term loans and a revolving credit facility, both of which mature in August of 2021.