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home / news releases / CA - Entourage Health upsizes credit facility

CA - Entourage Health upsizes credit facility

CA Inc.

  • Cannabis products company Entourage Health ( OTCQX:ETRGF ) amended and upsized an existing credit facility.
  • The facility, to be used for general working capital purposes, will provide an additional $30M in funding availability.
  • The $30M funding will be made available in two equal tranches of $15M, the first tranche on Oct. 1 and the second on Jan. 31, 2023.
  • The credit facility, secured by the assets of the company and its subsidiaries, continues to bear an interest rate of 15.25%, and will mature on Dec. 31, 2024.
  • Source: Press Release

For further details see:

Entourage Health upsizes credit facility
Stock Information
Company Name: CA Inc.
Stock Symbol: CA
Market: NASDAQ
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