Verano prepays $50M of debt; releases certain borrowers and liens

Verano Holdings Corp.

Permitted Partial Optional Prepayment of $50M made on April 30, 2024 under Oct 2022 Credit Agreement.
Lenders agreed to release certain Borrowers from obligations and release liens on their property.
Chicago Atlantic Admin, LLC serves as administrative agent for the Lenders.
Prepayment reduces outstanding debt and simplifies corporate structure through borrower releases.

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