CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Diamond Estates Receives $5.5 Million Term Loan From Lassonde

By Public Technologies
  • Diamond Estates received a $5.5 million unsecured, non-revolving term loan from Lassonde Industries, subordinated to its secured Bank of Montreal debt.
  • The loan bears interest at Bank of Montreal’s prime rate plus 2.25% annually and matures June 30, 2027.
  • Cash installments of $1.25 million fall due Jan. 29, April 30 and June 30, 2027, or earlier upon corresponding VQA support payments.
  • Remaining principal and accrued interest are payable at maturity; prepayment is permitted without penalty.
  • Proceeds provide working capital for growth, supporting higher inventories, debt repayment and capital spending.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Diamond Estates Wines & Spirits Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202611101745NEWSFILECNPR____20261110_323469_1) on November 10, 2026, and is solely responsible for the information contained therein.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk