Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
ExchangeRight Income Fund incurred revolving credit of $15,000,000 with Wells Fargo Bank, National Association, as administrative agent, and Renasant Bank, as an additional lender.
- Instrument
- revolving credit
- Principal
- $15,000,000
- Counterparty
- Wells Fargo Bank, National Association, as administrative agent, and Renasant Bank, as an additional lender
- Event
- incurrence
Exact text from the filing
On July 7, 2025, ExchangeRight Income Fund Operating Partnership, LP, as borrower (the “Borrower”), ExchangeRight Income Fund, doing business as ExchangeRight Essential Income REIT (the “Company”), and the other loan parties party thereto, entered into the Third Incremental Revolving Commitment Assumption Agreement (the “Third Incremental Commitment Agreement”) with Wells Fargo Bank, National Association, as administrative agent (“Wells Fargo” or the “Administrative Agent”), and Renasant Bank, as an additional lender (the “Additional Lender”), pursuant to which the Additional Lender committed to make an incremental revolving commitment in the amount of $15,000,000 under the Credit Agreement (the “Credit Agreement”) dated as of May 30, 2024 between the Borrower, the Company, the Administrative Agent and the lenders from time to time party thereto.
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