Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
RenX Enterprises Corp. incurred credit facility of up to the maximum amount of $250,000 with Bryan Leighton Revocable Trust Dated December 13th, 2023 at a fixed rate per annum equal to 12.0% maturing September 1, 2024.
- Instrument
- credit facility
- Principal
- up to the maximum amount of $250,000
- Counterparty
- Bryan Leighton Revocable Trust Dated December 13th, 2023
- Rate
- a fixed rate per annum equal to 12.0%
- Maturity
- September 1, 2024
- Event
- incurrence
Exact text from the filing
On March 1, 2024 Safe and Green Development Corporation (the "Company") entered into a credit agreement (the “Credit Agreement”) with the Bryan Leighton Revocable Trust Dated December 13th, 2023 (the “Lender”) pursuant to which the Lender agreed to provide the Company with a line of credit facility (the “Line of Credit”) up to the maximum amount of $250,000
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
RenX Enterprises Corp. entered into Credit Agreement with Bryan Leighton Revocable Trust Dated December 13th, 2023 valued at up to the maximum amount of $250,000 (effective 2024-03-01).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Bryan Leighton Revocable Trust Dated December 13th, 2023
- Value
- up to the maximum amount of $250,000
- Effective
- 2024-03-01
Exact text from the filing
On March 1, 2024 Safe and Green Development Corporation (the "Company") entered into a credit agreement (the “Credit Agreement”) with the Bryan Leighton Revocable Trust Dated December 13th, 2023 (the “Lender”) pursuant to which the Lender agreed to provide the Company with a line of credit facility (the “Line of Credit”) up to the maximum amount of $250,000
View on SEC.gov