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Village Farms Favorably Amends and Extends Farm Credit Canada Loan

GlobeNewswire
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Village Farms secured a favorable amendment to its $15.4 million loan with Farm Credit Canada, reducing the variable interest rate by 50 basis points to below 7.0%. The company extended the loan’s maturity date by four years to February 2031, maintaining all other original terms while strengthening its financial flexibility. Based in Vancouver, the NASDAQ-listed firm highlighted the deal as proof of its improving business health and growth trajectory for 2026. CFO Stephen Ruffini emphasized the 20-year partnership with Farm Credit Canada, calling it a key supporter of the company’s long-term vision and expansion plans. Village Farms operates globally in cannabis, plant-based goods, and renewable energy, leveraging 7 million square feet of advanced greenhouse assets across North America and Europe.
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This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentCompany improves interest rate by 50 basis points and extends maturity four years to February of 2031Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentVANCOUVER, British Columbia, March 30, 2026 (GLOBE NEWSWIRE) — Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today announced that it has favorably amended and extended its loan with its long-term lender, Farm Credit Canada (FCC). The Company improved the interest rate on the loan by 50 basis points and extended the maturity date by four years to February 3, 2031. The FCC loan carries a variable interest rate currently below 7.0%, with a current balance of US $15.4 million. All other material terms of the loan remain unchanged.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentStephen Ruffini, Executive Vice President and Chief Financial Officer of Village Farms commented, “We remain very pleased with the collaborative nature of our relationship with FCC, who has been a valued partner over the last 20 years and remains a strong supporter of our long-term vision and growth strategy. We believe these amendments continue to demonstrate the improving strength of our business, which is positioned for another year of growth in 2026.”Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentAbout Village Farms International, Inc.Article contentVillage Farms is a global leader in cannabis, plant-based consumer packaged goods, and sustainable innovation. With a legacy built on decades of Controlled Environment Agriculture expertise and Dutch farming practices, today the Company is one of the world’s largest and most profitable cannabis operators with an asset portfolio that spans over 7 million square feet of advanced greenhouse and indoor cultivation assets.Article contentIn Canada, Village Farms operates one of the largest EU-GMP certified cannabis facilities in the world from its production campus in Delta, British Columbia, and exports products to international medical markets. The Company is also a market share leader in dried flower formats and produces and distributes some of the country’s highest quality and best-selling strains, including its flagship Pure Sunfarms Pink Kush, one of the most widely consumed strains on the planet. Village Farms’ Canadian brand portfolio includes Pure Sunfarms, Fraser Valley Weed Co., Soar, Super Toast, Pure Laine, Tam Tams and Promenade.Article contentArticle contentIn the Netherlands, the Company is one of only ten licensed operators in the country’s regulated cannabis program, and in the United States its CBDistillery brand is one of the country’s largest independent hemp-derived wellness platforms. Beyond cannabis, the Company’s Clean Energy division transforms landfill gas into renewable natural gas, and it also holds an equity interest in Vanguard Food LP, a private venture pursuing strategic acquisitions to build a premier branded food platform in North America.Article contentContact InformationArticle contentSam GibbonsSenior Vice President, Corporate AffairsPhone: (407) 936-1190 ext. 328Email: sgibbons@villagefarms.comArticle contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending Air Canada CEO to retire following English-only video controversy Airlines Air Canada CEO likely sealed his own fate in failing to learn from first language misstep, governance experts say Airlines Posthaste: Gold's fall from grace could be worse than markets expect News Subscriber only. 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Air Canada CEO to retire following English-only video controversy Airlines Air Canada CEO likely sealed his own fate in failing to learn from first language misstep, governance experts say Airlines Posthaste: Gold's fall from grace could be worse than markets expect News Subscriber only. Chinese are burying their dead in empty apartments rather than pay skyrocketing cemetery costs Subscriber only Financial Times Iran’s attacks on Gulf aluminum plants threaten supply crisis Mining

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