Aurora repurchases ~$22 million principal amount of convertible notes, saving $1.2 million in annualized interest payments and leaving ~$79 million (us$59) of notes outstanding; balance sheet remains among strongest in canadian cannabis industry

Nasdaq | tsx: acb edmonton, ab , april 24, 2023 /prnewswire/ - aurora cannabis inc. ("aurora" or the "company") (nasdaq: acb) (tsx: acb), the canadian company opening the world to cannabis, today announced that it has repurchased an aggregate of approximately $22.3 million (us$16.6 million) principal amount of its convertible senior notes ("notes") in multiple transactions since the start of april 2023 at a total cash cost, including accrued interest, of $16.7 million (us$12.4 million) and $5.3 million (us$4.0 million), including accrued interest, satisfied by the issuance of an aggregate ~6.35 million common shares of aurora. in total, these transactions will save aurora $2.6 million in annualized interest payments.
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