Hexo defaults on senior debt, but lender waives event due to Tilray deal

Mugglehead
By Nick LabaMar 14, 2022, 2:10 pm324 pts
Canadian producer Hexo Corp. (TSX: HEXO) (Nasdaq: HEXO) is dodging a bullet this week, as it sidesteps the consequences of missing the terms of some of the debt it owes. On Monday, the struggling firm said the holder of its senior secured convertible note, HT Investments MA LLC, has waived its rights related to…

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