The loan, which matures November 2027, initially bears 14 percent interest for the first two years and then will bear 13 percent, Cano said.
The company, which also revealed a higher than estimated membership total of approximately 310,000, will report quarterly and full year results March 1. Its preliminary revenues are approximately $680 million for the final quarter.
Cano trades under the ticker CANO on the New York Stock Exchange.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
