secwatch.observer — SEC 8-K summary
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Issuer:     Greystone Housing Impact Investors LP (GHI)
CIK:        0001059142
Form:       8-K
Filed at:   2023-07-17T23:59:59+00:00
Accession:  0000950170-23-033218
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GHI amends credit agreement: extends maturity to June 2025, adjusts rates and covenants
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- Borrowing base modified to 35% of eligible encumbered assets; minimum tangible net worth set at $200M.
- Interest rate spread increased to 3.50% for SOFR loans, 2.50% for Base Rate loans.
- Maturity extended to June 12, 2025; incremental commitments up to $20M available.
- Removed requirement for Designated Account to maintain $5M minimum balance.
- Affiliate Greystone Select executed Second Amended and Restated Guaranty with revised financial covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1059142/000095017023033218/0000950170-23-033218-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1059142/000095017023033218/ghi-20230711.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-033218

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer