CareRx Corporation Secures New Senior Secured Financing with National Bank of Canada

CareRx Corporation entered into a new credit agreement with National Bank of Canada on August 27, 2026. The agreement replaces CareRx's existing credit facilities and provides a larger, more flexible capital structure to support continued growth. CareRx is Canada's leading provider of pharmacy services to seniors' living and other congregate care communities, including long-term care homes, retirement homes, assisted living facilities, and group homes. The new financing includes up to a US$14.3 million (C$20 million) senior secured revolving operating facility, and up to a US$7,185,043.61 (C$10 million) senior secured delayed draw term loan, the latter earmarked for future acquisitions and capital expenditures.

Advisory Team: MILLER THOMSON LLP

Octavia Diaconu

Karen Durell

David K. Bailey