Green Rise Capital Corp. (TSE:GRF) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Green Rise Capital Corp. has announced the completion of a $1.2 million issue of non-convertible promissory notes to three directors, or their affiliated corporations, secured by the company’s assets. These notes are prioritized after existing senior debts, including those from the Royal Bank of Canada, and will mature on June 30, 2026, with an interest rate of 8.31% per annum. The proceeds are intended to reduce the company’s existing operating line debt with RBC.
For further insights into TSE:GRF stock, check out TipRanks’ Stock Analysis page.
