Curaleaf Holdings, Inc. bonds CURA.TO
Who owns Curaleaf Holdings, Inc.'s debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. CURA.TO stock page.
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| 23126MAC6 | 11.5% fixed | 2029-02-18 | USD | 103.49 | 9.91% | 567 bp | 2 | $46.3M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 1 | $46.3M | 103.49 | 9.91% | 567 bp | 2 |
| Jun 2026 | 1 | $2.3M | 102.97 | 10.18% | 604 bp | 2 |
| May 2026 | 1 | $5.0M | 102.98 | 10.20% | 617 bp | 1 |
| Apr 2026 | 1 | $51.3M | 102.80 | 10.31% | 650 bp | 2 |
| Mar 2026 | 1 | $4.3M | 101.99 | 10.67% | 694 bp | 2 |
| Feb 2026 | 1 | $4.9M | 101.60 | 10.85% | 734 bp | 1 |
| Jan 2026 | 2 | $52.9M | 99.25 | — | — | 1 |
| Dec 2025 | 1 | $310K | 98.50 | — | — | 1 |
| Nov 2025 | 1 | $17.9M | 99.00 | 9.02% | 537 bp | 2 |
| Oct 2025 | 2 | $45.4M | 99.00 | 8.94% | 534 bp | 1 |
| Sep 2025 | 1 | $305K | 96.75 | 10.92% | 728 bp | 1 |
| Aug 2025 | 1 | $17.0M | 94.00 | 13.18% | 935 bp | 2 |
| Jul 2025 | 1 | $20.7M | 90.75 | 15.72% | 1172 bp | 1 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 0 added, 2 cut, 0 new holders and 0 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| Holbrook Income Fund Two Roads Shared Trust | 2026-07-31 | $30.8M | $31.9M | -$5.2M |
| Lord Abbett Short Duration High Yield Fund LORD ABBETT TRUST I | 2026-07-31 | $13.9M | $14.4M | $0 |
| Lord Abbett High Yield Fund LORD ABBETT INVESTMENT TRUST | 2026-05-31 | $4.9M | $5.0M | $0 |
| Intrepid Income Fund Intrepid Capital Management Funds Trust | 2026-06-30 | $2.0M | $2.1M | -$2.0M |
| Lord Abbett Flexible Income Fund | 2026-06-30 | $250K | $258K | $0 |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 1.56: safer than 10% of companies (13th percentile in Healthcare). Market-implied, prices to 2026-10-19, balance sheet 2026-06-30.
| Equity value | $1.79B |
| Debt barrier (short-term + ½ long-term debt) | $434.1M |
| Equity volatility (1 year) | 102.3% |
| Asset value / asset volatility (solved) | $2.20B / 83.9% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 567 bp spread prices in about 9.4% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Altman Z = 0.34 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
The stock side: 13F filings
What institutions report holding in CURA.TO's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | 6 | $134.7M | 0 | — | 0 | — | 0 |
| 2026-03-31 | 6 | $235K | 0 | — | 0 | — | 0 |
| 2025-12-31 | 3 | $195K | 0 | — | 0 | — | 0 |
| 2025-09-30 | 5 | $274K | 0 | — | 0 | — | 0 |
| 2025-06-30 | 4 | $83K | 0 | — | 0 | — | 0 |
| 2025-03-31 | 5 | $89K | 0 | — | 0 | — | 0 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.