Medalist Diversified REIT extends Wells Fargo line of credit maturity to June 2024

Medalist Diversified, Inc.

Line of credit principal remains unchanged at $1.5 million.
Maturity extended from June 10, 2023 to June 9, 2024.
No other modifications to loan terms or conditions.
Obligations guaranteed by Medalist Diversified REIT, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Medalist Diversified, Inc. amended First Amendment to Revolving Line of Credit Note with Wells Fargo Bank, National Association (effective 2023-05-02).

Action: amendment
Agreement: credit facility
Counterparty: Wells Fargo Bank, National Association
Effective: 2023-05-02

Exact text from the filing

On May 2, 2023, the Borrower, the Company and the Lender entered into a First Amendment to Revolving Line of Credit Note (the “First Amendment”), which extends the maturity date of the Line of Credit from June 10, 2023 to June 9, 2024.

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Medalist Diversified, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-057200

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