(Amends headline, adds joint bookrunners, notes’ price talk)
** U.S.-listed shares of Aurora Cannabis Inc down 7 pct at $6.80 in early trade as co gets set to price its convertible offering after market close Thurs; Stock on track to snap six-day winning streak
** Canadian cannabis producer offering privately $250 mln, 5-yr convertible senior notes
** Aurora expects to use net proceeds from offering to fund Canadian and international expansion, future acquisitions, among other uses
** Joint bookrunners BMO and Cowen marketing notes with 5-5.5 pct coupon, 10-15 pct convertible premium
** Bookrunners say order book to close at 2:00 pm ET
** Prospective offering was discussed confidentially with select group of investors (“targeted wall cross”) prior to launch
** U.S.-listed shares among biggest pct losers on NYSE; have already traded 70 pct of their 30-DMA volume
** Today’s decline cuts ACB.N gain YTD to 37 pct. Follows 33 pct plunge in 2018
** Cannabis-focused ETFMG Alternative Harvest ETF down fractionally in day’s session (Reporting by Shreyashi Sanyal and Lance Tupper)
