Skip to main content

Neptune Wellness Solutions Inc(NEPT-Q)

Today's Change
Delayed Last Update

Neptune Wellness Announces Repayment of Senior Secured Notes

PR Newswire - Fri Oct 13, 2023

Company also announces completed settlement of class action lawsuit 

LAVAL, QC, Oct. 13, 2023 /PRNewswire/ - Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT), a consumer-packaged goods company focused on plant-based, sustainable and purpose-driven lifestyle brands, has prepaid in full its senior secured notes with CCUR Holdings, Inc. and Symbolic Logic, Inc., after a payment of approximately $2.3 million. The senior secured notes had an original principal amount of $4 million and bore a fixed interest rate of 16.5% per annum.


Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

More from The Globe