January 17, 2019 / 11:14 AM / 9 months ago

BUZZ-Aurora Cannabis falls on convertible debt offering plans

** U.S.-listed shares of Aurora Cannabis Inc down ~7 pct at $6.83 premarket, set to snap six-day winning streak

** Canadian cannabis producer plans a private placement of $250 mln convertible senior notes due 2024

** Aurora expects to use net proceeds from offering to fund Canadian and international expansion, future acquisitions, among other things

** U.S.-listed ACB shares biggest pct loser across U.S. exchanges in trading before the bell

** ACB shares listed on the NYSE plunged nearly 33 pct last year and are up ~48 pct in 2019

** Cannabis-focused ETFMG Alternative Harvest ETF last up 0.05 pct (Reporting by Shreyashi Sanyal in Bengaluru)

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