May 22, 2020 / 11:19 AM / 6 days ago

BRIEF-Sugarbud Announces Non-Dilutive Secured $5.0 Mln Credit Facility With Connect First Credit Union

May 22 (Reuters) - SugarBud Craft Growers Corp:

* SUGARBUD ANNOUNCES NON-DILUTIVE SECURED $5.0 MILLION CREDIT FACILITY WITH CONNECT FIRST CREDIT UNION LTD.

* SUGARBUD CRAFT GROWERS - PROCEEDS FROM CREDIT FACILITY WILL BE USED TO REPAY $2.04 MILLION OUTSTANDING UNDER EXISTING DEBT FACILITY

* SUGARBUD CRAFT GROWERS - CREDIT FACILITY REPLACES COMPANY’S EXISTING DEBT FACILITY WITH PILLAR CAPITAL CORP Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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