Better Choice Company announced that it has secured a new $12.0 million long-term credit facility at LIBOR plus 250 basis point interest rate with Wintrust Financial Corporation. Under the terms of this new agreement, Better Choice will simultaneously refinance all existing indebtedness with Citizens Bank and Bridging Finance, which currently totals approximately $13.3 million. In aggregate, this will reduce annual cash interest payments to approximately $300 thousand per year, representing an annual savings of more than $2.0 million relative to 2020, and a blended rate reduction of more than 5%.