Financing ·
On June 30, 2026, Lifeway Foods, Inc. entered into a Master Security Agreement with CIBC Bank USA to finance or…
LWAYLifeway Foods, Inc.
On June 30, 2026, Lifeway Foods, Inc. entered into a Master Security Agreement with CIBC Bank USA to finance or refinance equipment acquisitions. The agreement includes an Interim Funding Agreement providing loan advances up to $22,000,000 through June 30, 2027. Interest is set at the 1-month Term SOFR plus 1.65%. Outstanding advances will eventually convert into an Equipment Guidance Line Note with a five-year maturity from the conversion date, maintaining the same interest rate. Lifeway Foods operates in the food and beverage industry, specializing in the production and sale of kefir and dairy products.