WELL Health Technologies Corp. and Royal Bank of Canada Expand and Extend Credit Facility to 2027

Published: 2025-07-08 08:36:17 ET WELL.TO

Published on 07/08/2025 at 08:36

WELL Health Technologies Corp. announced that its senior secured credit facility, led by Royal Bank of Canada (RBC) and supported by a syndicate of lenders, has been extended through 2027 with several favorable structural enhancements. Notably, the Company has converted the accordion feature of the facility into a revolving credit line, increasing both flexibility and access to capital.

The total size of the facility now stands at approximately $200 million, with more than $70 million of available capacity as of the date of this release. As of the end of Q2, it is expected that the leverage ratio in this facility was less than 2.5x. This expanded facility reflects the confidence of WELL's banking partners and provides a strong financial foundation to support the Company's growth initiatives.