Q: APHA dropped sharply this morning with the following announcement. Does it look like a concern to you? Thank you!
* APHRIA STRENGTHENS BALANCE SHEET WITH NEGOTIATED DEBT REDUCTION
* APHRIA INC - ENTERED INTO PRIVATELY NEGOTIATED AGREEMENTS TO REPURCHASE AN AGGREGATE OF APPROXIMATELY $127.5 MILLION OF NOTES
* APHRIA INC - TO REPURCHASE NOTES FOR APPROXIMATELY 18.7 MILLION OF COMMON SHARES AND APPROXIMATELY $2.9 MILLION IN CASH
* APHRIA INC - PURPOSE OF TRANSACTION WAS TO REDUCE COMPANY'S DEBT AND ELIMINATE $6.7 MILLION IN ANNUAL CASH INTEREST COSTS
* APHRIA STRENGTHENS BALANCE SHEET WITH NEGOTIATED DEBT REDUCTION
* APHRIA INC - ENTERED INTO PRIVATELY NEGOTIATED AGREEMENTS TO REPURCHASE AN AGGREGATE OF APPROXIMATELY $127.5 MILLION OF NOTES
* APHRIA INC - TO REPURCHASE NOTES FOR APPROXIMATELY 18.7 MILLION OF COMMON SHARES AND APPROXIMATELY $2.9 MILLION IN CASH
* APHRIA INC - PURPOSE OF TRANSACTION WAS TO REDUCE COMPANY'S DEBT AND ELIMINATE $6.7 MILLION IN ANNUAL CASH INTEREST COSTS