ACRES Commercial repurchases $39.8M of 4.50% convertible notes due 2022

ACRES Commercial Realty Corp.

Repurchased $39.8M aggregate principal of its 4.50% convertible senior notes at par in a private transaction.
Expected earnings charge of ~$574K ($0.06/share) from extinguishment and deferred cost acceleration.
After repurchase, $48.2M aggregate principal of the notes remains outstanding.
Settlement expected within two business days of February 11, 2022.

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.