Trulieve Cannabis Corp. has retired the remaining US$368 million in senior secured notes due in 2026, a move that marks one of the company’s largest recent financial transactions and further streamlines its balance sheet heading into 2026.
The company confirmed via press release that it redeemed the full principal amount of its 8.0% senior secured notes, using roughly US$373 million in cash to cover both the outstanding principal and accrued interest through December 5. With the redemption completed, the notes stopped trading on the Canadian Securities Exchange the same day and have since been delisted.
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