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Fitch Ratings has upgraded Oak Hill European Credit Partners III DAC s class C notes and affirmed the rest as detailed below.
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Flower One Announces Proposed Restructuring Transaction Involving Its Convertible Debentures
March 2, 2021 GMT
Flower One Holdings Inc. (“
Flower One ” or the “
Company ”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), a leading cannabis cultivator and producer in Nevada, today announces its intention to consummate a proposed restructuring transaction involving the convertible debentures (the “
March Debentures ”) issued by Flower One pursuant to the debenture indenture dated March 28, 2019 (the “
March Debenture Indenture ”) and the convertible debentures (the “
November Debentures ”, together with the March Debentures, the “
Debentures ”) issued by Flower One pursuant to the debenture indenture dated November 15, 2019 (as supplemented by the supplemental debenture indenture dated as of December 18, 2019, the “