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Trulieve Announces Notice of Redemption for All US$130 Million of its 9.75% Senior Secured Notes due 2024

Newswire.ca - Wed Nov 8, 2023

TALLAHASSEE, Fla., Nov. 8, 2023 /CNW/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced it has issued a notice of redemption for all of its outstanding 9.75% senior secured notes due 2024 (CUSIP: 89788CAB0 / ISIN: CA89788CAB06) (the "Notes"). The aggregate principal amount of the Notes currently outstanding is US$130,000,000. As set forth in the notice of redemption, the redemption date will be December 1, 2023 ("the Redemption Date"), and the redemption price is 100% of the principal redeemed, plus accrued and unpaid interest up to, but excluding, the Redemption Date. The Notes trade on the Canadian Securities Exchange under the symbol "TRUL.DB.U". In conjunction with the redemption, the Notes will be delisted from the Canadian Securities Exchange.

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