debt
confidence high
sentiment neutral
materiality 0.55
AB Commercial Real Estate Private Debt Fund subsidiary obtains $92.25M additional HSBC loan
AB Commercial Real Estate Private Debt Fund, LLC
- Maturity extended to July 9, 2027 on existing HSBC facility.
- Additional $92.25M loan brings total facility to $187.15M.
- New loan bears interest at Term SOFR plus 1.50% margin.
- Fund's guarantee reinstated and capped at 25% of principal or $46.79M.
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