Vireo Growth Inc. Announces 30-Month Credit Agreement Extension and Voluntary Conversion of Convertible Notes with Chicago Atlantic
Vireo Growth Inc. Announces 30-Month Credit Agreement Extension and Voluntary Conversion of Convertible Notes with Chicago Atlantic
08/01/24, 12:52 PM
Location
Industry
manufacturing
cannabis
Type
agreement
Vireo Growth Inc. has executed the ninth amendment to the Company’s Green Ivy credit agreement with Chicago Atlantic and affiliates, extending the maturity date on the credit facility loans to January 29, 2027. The Company also announced the voluntary conversion of outstanding convertible notes, resulting in substantial cash and interest expense reduction.