Cedar Realty Trust enters $20M secured credit facility with KeyBank, maturing Aug 2027

CEDAR REALTY TRUST, INC.

$20M staged advance credit facility; maturity Aug 15, 2027; interest at Base Rate + 2.00% or SOFR + 3.00%, decreasing 0.25% if debt yield >10%.
Loan secured by equity interests in subsidiary guarantors and proceeds from capital events.
Company and Wheeler Real Estate Investment Trust, Inc. are guarantors.
Borrower may request advances no more than once per month.

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