DIP – AgMedica Bioscience
Loan Priority
DIP Loan
Loan Amount
$1,000,000
Loan to Value (LTV)
NA
Loan Purpose
Hillmount Capital provided DIP financing to AgMedica Bioscience Inc. and affiliated entities pursuant to the initial 10-day court order granted under the company’s CCAA proceedings. The bridge loan was provided for the cannabis producer (with real estate assets) to pursue and implement their restructuring strategy.
Location
Chatham-Kent, ON