The newly refinanced credit facility matures in three years and carries a floating interest rate with a base of 175 basis points above SOFR which increases depending on levels of leverage ratio. The new facility is provided by a syndicate led by JPMorgan Chase Bank, N.A. and includes CIBC, HSBC Canada, The Bank of Nova Scotia, and two new syndicate members: The Bank of Montreal and The Export Development Corporation, which is wholly owned by the Government of Canada. Hamed Shahbazi, Founder and CEO of WELL, commented, "This is a monumental achievement given how much credit markets have changed in the past few years and how little our credit facility has changed. We would like to thank JPMorgan Chase Bank, N.A. for all their support and leadership in gathering this phenomenal mostly Canadian syndicate.