debt
confidence high
sentiment neutral
materiality 0.35
Cantor Fitzgerald Income Trust raises credit facility to $125M; declares $0.1274 distribution
Cantor Fitzgerald Income Trust, Inc.
- Third amendment to Credit Agreement with Citizens Bank increases borrowing capacity from $100M to $125M.
- Amendment also modifies certain geographic concentration limits imposed by the lender.
- Declared gross distribution of $0.1274 per share for all share classes ($1.55 annualized basis).
- Record date: September 30, 2023; payable on or about October 10, 2023.
- Distributions may be paid from sources other than cash flow from operations.