Aaron Grey

Andrew Partheniou

Scott Fortune

Michael Lavery

Chad Britnell

Derek Dley

Frederico Gomes

Gerald Pascarelli

Glenn Mattson

Luke Hannan

Matt McGinley

Pablo Zuanic

- **Cresco Labs Inc.** completed a **$325 million** senior secured term loan refinancing on **August 13, 2025**.  **[1832928_0001832928-25-000028_loan_agreement-pressrelease.htm:0]** 
- The new loan bears an interest rate of **12.5% per annum** and matures on **August 13, 2030**.  **[1832928_0001832928-25-000028_loan_agreement-pressrelease.htm:0]** **[1832928_0001832928-25-000028_exhibit_991-loanagreement.htm:23]** 
- This transaction replaces the company's prior **$360 million facility**, reducing total debt and extending the maturity period.  **[1832928_0001832928-25-000028_loan_agreement-pressrelease.htm:0]** 
- The new facility offers enhanced flexibility to prepay up to **$125 million** at a reduced premium and contains no equity or convertible features.  **[1832928_0001832928-25-000028_loan_agreement-pressrelease.htm:0]**

Cresco Labs Closes $325 Million Senior Secured Term Loan Refinancing

Cresco Labs (CRLBF)