Page 3 - கோடி தேவாலயம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from கோடி தேவாலயம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In கோடி தேவாலயம் Today - Breaking & Trending Today

Decibel Cannabis Replaces ATB Credit Line with $30 Million First Calgary Facility – New Cannabis Ventures


December 30, 2020 at 8:44 am
Published by NCV Newswire
Decibel Announces Non-Dilutive $30 Million Debt Financing from Connect First Credit Union
CALGARY, AB, Dec. 30, 2020 /PRNewswire/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSXV: DB) (OTCQB: DBCCF), is pleased to announce that it has entered into a commitment letter with Connect First Credit Union Ltd. (“First Calgary”) in respect of $30 million of debt capital (the “Committed Amount”). The Committed Amount is comprised of $28.5 million of term debt (the “Term Debt”) and a $1.5 million authorized overdraft against government receivables (the “Authorized Overdraft”) (collectively, the “Credit Facilities”). The funds will be used to repay Decibel’s existing debt ($26.8 million) and provide additional funds for working capital. ....

British Columbia , Stuart Boucher , Company Or Decibel , First Credit Union , Cody Church , Decibel Cannabis Company Inc , Debt Service Coverage Ratio , Health Canada , First Credit Union Ltd , Decibel Announces Non Dilutive , Debt Financing , Connect First Credit , Decibel Cannabis Company , Connect First Credit Union , Committed Amount , Extended Maturity , Credit Facilities , Term Debt , Authorized Overdraft , Operational Schedule , Interest Rate , Financial Covenants , Equity Ratio , Chief Financial , Chief Financial Officer , Qwest Estate ,

Decibel Announces Non-Dilutive $30 Million Debt Financing from Connect First Credit Union


Share this article
Share this article
CALGARY, AB, Dec. 30, 2020 /PRNewswire/ - Decibel Cannabis Company Inc. (the Company or Decibel ) (TSXV: DB) (OTCQB: DBCCF), is pleased to announce that it has entered into a commitment letter with Connect First Credit Union Ltd. (
First Calgary ) in respect of $30 million of debt capital (the
Committed Amount ). The Committed Amount is comprised of $28.5 million of term debt (the
Term Debt ) and a $1.5 million authorized overdraft against government receivables (the
Authorized Overdraft ) (collectively, the
Credit Facilities ). The funds will be used to repay Decibel s existing debt ($26.8 million) and provide additional funds for working capital.
Financing Highlights ....

Company Or Decibel , Cody Church , Decibel Cannabis Company Inc , Debt Service Coverage Ratio , Health Canada , Regulation Services Provider , Venture Exchange , First Credit Union Ltd , Decibel Cannabis Company , Connect First Credit Union , Committed Amount , Extended Maturity , Credit Facilities , Term Debt , Authorized Overdraft , Operational Schedule , Interest Rate , Financial Covenants , Equity Ratio , Chief Financial Officer , Stuart Boucher , Qwest Estate , Qwest Reserve , Thunderchild Cultivation , நிறுவனம் அல்லது டெசிபல் , கோடி தேவாலயம் ,