InvestorWire NewsRoom


InvestorNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Announces Closing of $24.5M Debt Refinancing
July 3, 2023

InvestorNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Announces Closing of $24.5M Debt Refinancing

Eat Well Group (CSE: EWG) (OTC: EWGFF), a leading plant-based food agribusiness and CPG company, has successfully closed a refinancing effort announced late last year. The company worked with the Business Development Bank of Canada (“BDC “) as well as a private lender on the debt reduction. According to the announcement, Eat Well has lowering its interest rates from 14.25% to a blended rate of 9.55%, reducing interest payments by more than 35% and interest charges by more than $2.1 million a year. The company stated that the debt reduction will strengthen its finances and support increased investment in core business operations. “We are thrilled to announce the successful completion of our debt refinancing, thanks to the world-class support of the Business Development Bank of Canada and our private lender,” said Eat Well Group president and CEO Marc Aneed in the press release. “This refinancing represents a major milestone for our company as it significantly reduces our interest charges and extends the maturity of our debt. We are excited about this new relationship with a strategic lender as we pursue our sharpened ag-focused strategy. In conjunction with the recent agreement for the sale of Sapientia, reducing our ownership stake in Pata Foods (Amara) from 51% to 28%, thereby reducing liabilities by $7.05 million, our uplisting plans, and the release of our audited and consolidated financials, we are accelerating momentum to create a more profitable and focused platform.”

To view the full press release, visit

About Eat Well Investment Group Inc.

Eat Well is a publicly traded investment company primarily focused on the agribusiness, food tech, plant-based, and environmental, social and governance (“ESG”) sectors. Eat Well’s management team has an extensive record of sourcing, financing and building successful companies across a broad range of industries and maintains a current focus on the health/wellness industry. The team has financed and invested in early-stage venture companies for more than 25 years, resulting in unparalleled access to deal flow and the ability to construct a portfolio of opportunistic investments intended to generate superior risk-adjusted returns. For more information about the company, please visit

NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published:

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
[email protected]

InvestorWire is part of the InvestorBrandNetwork

Recent NewsBreaks

NewsBreaks Categories

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(862) 930-1404

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).