Chicago Atlantic upsizes revolving credit facility to $65M from $45M

Chicago Atlantic Real Estate Finance, Inc.

Aggregate commitment increased from $45.0M to $65.0M.
Maturity date of December 16, 2023, with a one-year extension option.
Floating interest rate: 0%–1.25% over Prime Rate, subject to a 3.25% Prime Rate floor.
Proceeds to fund additional loans and for general corporate purposes.

item 1.01 item 2.03 item 9.01

Chicago Atlantic Real Estate Finance, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-22-026059

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