Vireo Growth non-cannabis units secure $65 million asset-based revolving credit facility led by BMO

Reuters2026/08/07 12:58

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Vireo Growth indirect non-cannabis subsidiaries entered a senior secured asset-based revolving credit facility with a USD 65 million initial commitment.
Facility can expand to USD 85 million, with a further USD 20 million accordion to USD 105 million, subject to conditions.
Pricing set at term SOFR + 1.75%-2% or base rate + 0.75%-1%, based on average availability; 0.25% unused fee.
Five-year facility led by Bank of Montreal as administrative agent; BMO Capital Markets acted as arranger and bookrunner.
Proceeds earmarked for refinancing subsidiary debt, working capital, capital spending, general corporate purposes, or permitted acquisitions.

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. Vireo Growth Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608070858PRIMZONEFULLFEED9805963) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Vireo Growth non-cannabis units secure $65 million asset-based revolving credit facility led by BMO

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