---
title: "Vireo Growth non-cannabis units secure $65 million asset-based revolving credit facility led by BMO"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295238595.md"
description: "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, with an accordion option to reach $105 million, carries pricing based on SOFR or base rate spreads. Proceeds are designated for refinancing subsidiary debt, working capital, capital expenditures, and general corporate purposes."
datetime: "2026-08-07T12:58:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295238595.md)
  - [en](https://longbridge.com/en/news/295238595.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295238595.md)
generator: "portal-rs"
---

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

-   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. © Copyright 2026 - Public Technologies (PUBT)

### Related Stocks

- [VREOF.US](https://longbridge.com/en/quote/VREOF.US.md)
- [BMO.US](https://longbridge.com/en/quote/BMO.US.md)

## Related News & Research

- [BMO releases transcript of Q3 2026 earnings call](https://longbridge.com/en/news/297538963.md)
- [Merchant Opportunities Fund expands syndicated revolving credit facility to $240 million with BMO-led lenders](https://longbridge.com/en/news/297014821.md)
- [TPG Private Equity Opportunities affiliate signs USD 125 million revolving credit facility led by Wells Fargo](https://longbridge.com/en/news/297700113.md)
- [Vireo Growth enters $65 million senior secured asset-based revolving credit facility led by Bank of Montreal](https://longbridge.com/en/news/295786846.md)
- [Sturgis Bancorp completes $25.5 million subordinated notes offering](https://longbridge.com/en/news/297781813.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**