debt
confidence high
sentiment neutral
materiality 0.50
Alpine Income Property Trust increases term loans by $60M, repays revolver
Alpine Income Property Trust, Inc.
- 2026 Term Loan increased by $40M to $100M aggregate; 2027 Term Loan increased by $20M to $100M aggregate.
- Total proceeds of $60M used to pay down revolving credit facility.
- Added new lenders: Huntington, Regions, KeyBank, US Bank, Synovus; updated commitment schedule.
- Remaining accordion capacity: up to $60M on 2026 term loan and up to $120M on 2027 term loan.
- Amendment also released two Orlando properties and added new guarantors.