debt
confidence high
sentiment neutral
materiality 0.65
Strawberry Fields REIT issues $87.6M Series B Bonds at 6.70%
Strawberry Fields REIT, Inc.
- Net proceeds of ~$87.6M from Series B Bonds; annual interest rate 6.70%; interest payable semiannually.
- Principal reduction: four payments from 2026-2029; first three 4% each, final 88% on June 30, 2029.
- Use of proceeds: ongoing operations, repayment of bank debts, and property acquisitions.
- Bonds trade on Tel Aviv Stock Exchange; offering registered and conducted exclusively in Israel.
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