other material
confidence high
sentiment neutral
materiality 0.25
Greystone Housing amends Series B Preferred Unit terms; no units outstanding
Greystone Housing Impact Investors LP
- Increased cash distribution rate on Series B Preferred Units from 3.40% to 5.75% per annum of $10 purchase price.
- Non-redemption period shortened from 8th to 6th anniversary of holder's purchase date.
- No Series B Preferred Units are currently issued or outstanding as of June 6, 2023.
- Amendment became effective June 6, 2023; no approval from other unitholders required.