Vireo Growth Inc. Completes Loan Refinancing and Upsize With a Bank Led Syndicate
Summary
Vireo Growth Inc. completed a $120 million first lien term loan refinancing and a $33 million second lien term loan expansion. The company said the deal refinances all existing senior secured debt and lowers annual interest expense by more than $10 million. It also added a $50 million accordion to support future strategic initiatives. Vireo said the stronger balance sheet and increased cash position will give it more flexibility after recent merger activity.
Funding
Amount
$120.0M
Total raised
Date
July 7, 2025
Announcement date
Investors
-
Lead investors
Company
vireogrowth.com
Funded company
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