---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-218943"
form_type: "8-K"
ticker: "GTBIF"
cik: "0001795139"
company_name: "Green Thumb Industries Inc."
filed_at: "2024-09-13T23:59:59+00:00"
generated_at: "2026-05-31T04:58:15.738073+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Green Thumb closes $150M syndicated credit facility at SOFR+5% to refinance $225M debt

## Summary
- Closes $150M 5-year syndicated credit facility led by Valley National Bank; rate SOFR + 5% with 1% floor.
- Proceeds plus cash on hand will retire $225M senior secured debt originally due April 30, 2025.
- Facility matures September 11, 2029; oversubscribed, non-brokered, first-of-its-kind bank-only financing in US cannabis industry.
- No equity was issued to participating banks; transaction strengthens balance sheet and extends debt maturity.

## SEC filing metadata
- accession: 0001193125-24-218943
- form_type: 8-K
- ticker: GTBIF
- cik: 0001795139
- company_name: Green Thumb Industries Inc.
- filed_at: 2024-09-13T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795139/000119312524218943/0001193125-24-218943-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795139/000119312524218943/d877176d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-218943
- JSON: https://secwatch.observer/filing/0001193125-24-218943.json
- Plain text: https://secwatch.observer/filing/0001193125-24-218943.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.