debt
confidence high
sentiment neutral
materiality 0.50
Greystone Housing Impact Investors LP (GHI): debt financing — Greystone Housing enters $80M credit agreement, replaces prior facility expiring June 2025
Greystone Housing Impact Investors LP
- $80M line of credit with Bankers Trust; interest rate = Adjusted Term SOFR + 2.50% per annum.
- Only $1M outstanding at signing; proceeds to finance affordable housing investments (MRBs, loans).
- Maturity June 30, 2027, extendable; each advance repayable within 270 days with extension options.
- Replaces prior $80M credit agreement corrected to show expiration June 2025; filed as 8-K/A.