Red White & Bloom restructures over CDN $110 million of debentures

1 minute read
19 September 2022

On September 19, 2022, Red White & Bloom Brands Inc. (CSE: RWB) (OTC: RWBYF) ("RWB" or the "Company") announced that it had restructured the terms of certain outstanding debentures issued by the Company to arm's length lenders in the aggregate principal amounts of USD $70,040,000 and CDN $2,120,000 and issued a new convertible debenture in the principal amount of CDN $17,000,000.

Gowling WLG advised RWB with respect to this debt restructuring with a team that included Jason A. Saltzman and Josh Rosen (corporate) and Thomas Gertner and Kaila Scarrow (financing).

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.