Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
GLADSTONE LAND Corp amended revolving credit with Metropolitan Life Insurance Company maturing December 15, 2033.
- Instrument
- revolving credit
- Counterparty
- Metropolitan Life Insurance Company
- Maturity
- December 15, 2033
- Event
- amendment
Exact text from the filing
The Amendment extends the maturity date of the Company’s revolving lines of credit under the Credit Facility from April 5, 2024 to December 15, 2033.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
GLADSTONE LAND Corp amended Second Amendment to Loan Agreement with Metropolitan Life Insurance Company (effective 2023-12-14).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Metropolitan Life Insurance Company
- Effective
- 2023-12-14
Exact text from the filing
On December 14, 2023, Gladstone Land Corporation, a Maryland corporation (the “Company”), as guarantor, and Gladstone Land Limited Partnership (the “Operating Partnership”), a Delaware limited partnership, as borrower (collectively, “Gladstone”), entered into a Second Amendment to Loan Agreement (the “Amendment”) with Metropolitan Life Insurance Company (“MetLife”) amending the terms of the Loan Agreement, dated February 20, 2020, as amended on February 3, 2022, by and among the Company, the Operating Partnership and MetLife (the “Credit Facility”).
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