Columbia Care Announces Commencement of Noteholder Consent Solicitation to Increase Debt Capacity
The Company may extend the Consent Deadline for such period or periods as it may determine in its sole discretion.
- The Company may extend the Consent Deadline for such period or periods as it may determine in its sole discretion.
- Prior to the commencement of the Consent Solicitation, the Company entered into support agreements with Noteholders holding a majority of the outstanding principal amount of the Notes.
- Pursuant to the support agreements, such holders of Notes have agreed to deliver consent to the proposed amendments prior to the Consent Deadline.
- As a result, the Company anticipates completion of the Consent Solicitation as of the Consent Deadline.