April 17, 2019 / 3:30 PM / 8 months ago

BUZZ-Aphria Inc: At 2-mnth low on debt offering plan

** U.S.-listed shares of Canadian cannabis producer down 4.4% at $8.3

** Touches lowest level in more than 2 months after co plans private offering of $300 mln of senior convertible debt due 2024

** Expects to use net proceeds to support international expansion, acquisitions and general corporate purposes

** Shares slumped ~15% on Monday after co posted Q3 loss vs year-ago profit

** Declines came even as Germany awarded contracts to supply domestically grown cannabis to Aphria and Aurora Cannabis (Reporting by Sruthi Shankar in Bengaluru)

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