ACR prices $150M of 5.75% senior notes due 2026; will redeem $50M of 12% notes

ACRES Commercial Realty Corp.

$150M aggregate principal of 5.75% Senior Unsecured Notes due 2026 priced.
Offering expected to close August 16, 2021, subject to customary conditions.
Proceeds to redeem $50M of outstanding 12% Senior Notes due 2027 (approx. $55.3M total payment).
Remaining net proceeds for loan originations and general corporate purposes.
Raymond James acting as sole book-runner for the offering.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.