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Ascend Wellness Issues $50M Senior Secured Notes

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Ascend Wellness Issues $50M Senior Secured Notes

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Ascend Wellness Holdings LLC ( ($TSE:AAWH.U) ) has shared an announcement.

On May 28, 2025, Ascend Wellness Holdings, Inc. issued $50 million in 12.75% senior secured notes due 2029 in a private placement. The company plans to use the proceeds to prepay $60 million of outstanding principal under its 2021 Credit Facility, along with accrued interest and transaction-related expenses. These additional notes are part of a series initially issued in 2024 and will mature in 2029, with interest payable semi-annually.

The most recent analyst rating on ($TSE:AAWH.U) stock is a Buy with a $2.15 price target. To see the full list of analyst forecasts on Ascend Wellness Holdings LLC stock, see the TSE:AAWH.U Stock Forecast page.

More about Ascend Wellness Holdings LLC

For detailed information about AAWH.U stock, go to TipRanks’ Stock Analysis page.

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