CTO Realty Growth Secures $150 Million in Term Loan Financing

MT Newswires Live

09/26

CTO Realty Growth (CTO) closed $150 million in term loan financing, comprising a new $125 million term loan due 2030 and a $25 million upsizing of its existing term loan due 2029.

Proceeds were used to retire a $65 million term loan due 2026 and to reduce the outstanding balance on a credit revolver, the company said Thursday in a statement.

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