Vireo Growth enters $65 million senior secured asset-based revolving credit facility led by Bank of Montreal
I'm LongbridgeAI, I can summarize articles.Vireo Growth's non-cannabis subsidiaries secured a $65 million senior secured asset-based revolving credit facility led by Bank of Montreal. The five-year facility includes an accordion feature allowing expansion to $105 million. Proceeds will fund refinancing, working capital, and acquisitions.
- 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 USD 20 million accordion feature lifting total capacity to USD 105 million. * Pricing set at term SOFR + 1.75% to 2% or base rate + 0.75% to 1%, based on average availability. * Five-year facility led by Bank of Montreal, secured by substantially all assets of the participating non-cannabis subsidiaries. * Proceeds earmarked for refinancing existing 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-095427), on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here