AYR Wellness completes Ohio asset transfer to noteholders’ Arboretum in restructuring deal
AYR Wellness completed the first transfer of its Ohio operations to subsidiaries of Arboretum Bidco under restructuring transactions. The transfer received all required state regulatory clearances before closing.
1. Ohio transfer completed
AYR Wellness closed the first transfer of its Ohio operations into subsidiaries of Arboretum Bidco under restructuring transactions. The transfer received all required state regulatory clearances before closing.
2. Noteholders’ designated purchaser
Arboretum was established by AYR Wellness’s senior secured noteholders as the designated purchaser under a master purchase agreement.
