debt
confidence high
sentiment neutral
materiality 0.50
Greystone issues 500,000 Series B Preferred Units for $5M to ServisFirst Bank
Greystone Housing Impact Investors LP
- On Oct 9, 2025, issued 500,000 Series B Preferred Units to ServisFirst Bank for $5M aggregate proceeds; stated value $5M.
- Units are non-cumulative, non-convertible, non-voting; earliest redemption Oct 2031 (6th anniversary).
- Proceeds to be used to acquire mortgage revenue bonds for affordable multifamily, student, senior, commercial housing.
- Issued under existing shelf registration for up to 10M Series B Preferred Units (Reg. No. 333-282185).
- CEO says provides non-dilutive, fixed-rate, low-cost institutional capital to execute strategy.