Technology

Organigram Closes $140 Mln Credit Facility with Bank of Montreal

Organigram Closes $140 Mln Credit Facility with Bank of Montreal

Organigram Holdings (OGI) said Friday that it has closed its previously announced $140 million credit facility with Bank of Montreal (BMO) as lead arranger and agent as well as a syndicate including three other lenders. The facility consists of a $115 million term loan and a $25 million revolving credit facility, both of which mature in 2022. It includes an […]

Bond Prices Extend Rally Late, Settle Near Highs; Curve Steeper

US Treasury prices took off Friday following an overnight rally on the threatened Mexican trade tariffs and extended gains into the close with the 2-year holding a significant lead while the long bond was the laggard, steepening the curve. The market was able to add to the upside on the break in equities as flight-to-quality and month-end buying boosted prices […]