CALGARY,
AB, Feb. 21, 2023 /CNW/ - Canopy Growth
Corporation (TSX: WEED) (NASDAQ: CGC) announced today that it has
entered into an agreement with an institutional investor for the
purchase and sale of US$150,000,000
aggregate principal amount of senior unsecured convertible
debentures and bear interest at a 5.0 percent annual rate (the
"Convertible Debentures"). Acting as the sole placement agent for
this offering was ATB Capital Markets Inc.
"Supporting the transformation and accelerated growth of this
innovative company and as one of the largest financings in
Canada this year, ATB Capital
Markets is pleased to act as the sole placement agent," said
Darren Eurich, CEO of ATB Capital
Markets. "As a bespoke product sourced by ATB Capital Markets
Inc., our expert team provided strategic business support to raise
investment capital that met the unique requirements of both the
investor and Canopy Growth."
For more information on this offering visit
www.canopygrowth.com.
About ATB Financial
With $58.5 billion in assets, ATB
Financial is an Alberta-built
financial institution that is a catalyst for economic growth in our
province. We got started in 1938 to help Albertans through tough
economic times. Today, ATB Financial's more than 5,000 team members
love to deliver exceptional experiences to nearly 800,000 clients
through our many branches and agencies, our 24-hour Client Care
Centre, four entrepreneur centres, and our digital banking options.
ATB powers possibilities for our clients, Alberta and beyond.
About ATB Capital Markets
ATB Capital Markets offers holistic corporate and capital
markets advice, combined with customized financial solutions to
help businesses thrive. We're a full-service investment dealer for
key industries on the cusp of a new era. Established in 2020, ATB
Capital Markets helps clients with services that include investment
and corporate banking, sales and trading, institutional research,
and risk management.
ATB Capital Markets Inc. is Broker/Dealer #03 on the Toronto
Stock Exchange.
For more information about ATB Capital Markets Inc. visit
www.atbcapitalmarkets.com.
For interview requests, please contact:
ATB Financial,
Media Relations media@atb.com
SOURCE ATB Financial