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MedMen Closes $100 Million Term Loan

Published: 10/04/2018

On October 3, 2018, MedMen Enterprises Inc. closed a $100 million senior secured term loan facility with funds managed by Hankey Capital and with an affiliate of Stable Road Capital as the largest loan participant. The principal amount under the facility will accrue interest at a rate of 7.5 percent per annum, paid monthly, with a maturity date of 24 months following the date of closing. 

Cassels Brock acted for MedMen.