Greystone Housing Impact Investors LP Secures $80 Million Credit Agreement with Enhanced Line of Credit Capacity

Reuters
08 Jul
<a href="https://laohu8.com/S/GHI">Greystone Housing Impact Investors</a> LP Secures $80 Million Credit Agreement with Enhanced Line of Credit Capacity

Greystone Housing Impact Investors LP has entered into a new Credit Agreement with five financial institutions, increasing its secured revolving line of credit capacity to $80 million. This new agreement, effective June 30, 2025, replaces the previous credit agreement from August 2021, which had a maximum commitment of $50 million. Administered by Bankers Trust Company, the Acquisition LOC is designed to provide temporary financing for investment purchases, with repayment expected from traditional debt financing sources. The loan bears interest at Term SOFR plus 2.50%, with a floor of 2.60%, and has a maturity date set for June 2027, extendable to June 2029. Kenneth C. Rogozinski, CEO of the Partnership, highlighted the increased credit capacity as a testament to strong lender relationships and a strategic move for enhanced capital and liquidity management.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greystone Housing Impact Investors LP published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9490243-en) on July 07, 2025, and is solely responsible for the information contained therein.

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