financetom
Business
financetom
/
Business
/
Greystone Housing Impact Signs $80 Million Credit Agreement
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Greystone Housing Impact Signs $80 Million Credit Agreement
Jul 7, 2025 1:59 PM

04:37 PM EDT, 07/07/2025 (MT Newswires) -- Greystone Housing Impact (GHI) said Monday that it signed an agreement with five institutional investors for $80 million line of credit.

The deal replaces the prior credit agreement with Bankers Trust that had a maximum commitment of $50 million, according to Greystone.

The line of credit provides temporary financing for the company's investment purchases, Greystone added.

The company said it will repay advances under the line of credit with traditional debt financing sources, including tender option bonds or similar transactions.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ashland Gets Fair Wage Network Certification
Ashland Gets Fair Wage Network Certification
Jun 18, 2024
10:02 AM EDT, 06/18/2024 (MT Newswires) -- Ashland (ASH) said Tuesday it has obtained a certification as a Global Living Wage Employer from the Fair Wage Network. The certification was issued after a review of compensation data for the company's employees and steps were taken to remediate any pay gaps, the company said. Ashland said the move boosts its performance...
Update: Blackstone Real Estate, MRP Group Increase All-Cash Tender Offer for Terrafina
Update: Blackstone Real Estate, MRP Group Increase All-Cash Tender Offer for Terrafina
Jun 18, 2024
10:04 AM EDT, 06/18/2024 (MT Newswires) -- (Updates to include additional details in the second to fifth paragraphs.) Blackstone's (BX) Blackstone Real Estate and MRP Group announced Tuesday that a Mexican trust formed by their affiliates has increased the price of its tender offer for up to 100% of Terrafina's outstanding real estate trust certificates by 1 Mexican peso ($0.05)...
CleanSpark to Buy Five Bitcoin Mining Facilities for $25.8 million
CleanSpark to Buy Five Bitcoin Mining Facilities for $25.8 million
Jun 18, 2024
10:03 AM EDT, 06/18/2024 (MT Newswires) -- CleanSpark ( CLSK ) said Tuesday it has signed agreements to buy five bitcoin mining facilities in rural Georgia for $25.8 million. The combined facilities' hashrate will exceed 3.7 exahashes per second after installing the latest S21 Pro miners, the company said. The acquisition is expected to close immediately. The agreements include the...
US FDA puts Zentalis' cancer drug studies on partial hold after patient deaths
US FDA puts Zentalis' cancer drug studies on partial hold after patient deaths
Jun 18, 2024
June 18 (Reuters) - The U.S. health regulator has placed three studies of Zentalis Pharmaceuticals' ( ZNTL ) cancer drug on partial clinical hold following the death of two trial participants, the company said on Tuesday. Shares of the drug developer slumped about 26% to $6.22 in early trading. The drug candidate, azenosertib, was being tested against solid tumors in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved