debt
confidence high
sentiment neutral
materiality 0.45
Advanced Flower Capital amends credit facility to facilitate REIT-to-BDC conversion
Advanced Flower Capital Inc.
- Sixth Amendment to Loan and Security Agreement executed Jan 13, 2026, effective Dec 31, 2025.
- Amendment modifies the credit agreement to accommodate conversion from REIT to BDC and RIC election.
- Lenders consented to the conversion and to include three specific loan receivables as Eligible Obligor Loan Receivables for borrowing base calculation.
- No default or event of default existed as of the amendment date.
- Borrower reaffirmed obligations; conditions precedent included delivery of BDC election filings and related agreements.