CareRx enters new credit agreement with National Bank of Canada for $70 million facilities

Reuters2026/08/27 12:26

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CareRx closed a new credit agreement with National Bank of Canada, replacing its existing credit facility.
New package totals up to $70 million across a $20 million revolver, a $40 million term loan, a $10 million acquisition-capex facility.
CareRx drew $40 million on the term loan at closing to repay and discharge amounts under the prior facility.
Agreement allows up to $20 million in incremental capacity across the revolver and acquisition-capex facility, subject to terms.
Facilities are senior secured, backed by substantially all assets, with customary covenants limiting additional debt, distributions, 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. CareRx Corporation published the original content used to generate this news brief via Newsfile (Ref. ID: 202608270826NEWSFILECNPR____20260827_311794_1) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CareRx enters new credit agreement with National Bank of Canada for $70 million facilities

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