debt
confidence high
sentiment neutral
materiality 0.75
Greystone Housing Impact Investors LP terminates $65.5M M31 TEBS facility with Freddie Mac
Greystone Housing Impact Investors LP
- Redeemed all $65.5M principal and accrued interest on M31 TEBS facility on Oct 15, 2024.
- No early termination penalties incurred; used cash on hand and proceeds from transferring bonds to TOB and short-term facilities.
- Transferred five MRBs into TOB facilities, five to a short-term financing facility, and retained ownership of one MRB.
- Terminated related agreements including Subordinate Bonds Custody, Bond Exchange, and Limited Support agreements with Freddie Mac.