debt
confidence high
sentiment positive
materiality 0.60
Sunrise Realty Trust expands credit facility to $140M with $50M commitment from EverBank
Sunrise Realty Trust, Inc.
- EverBank commits $50M; total revolver commitments rise to $140M.
- Facility remains expandable to $200M subject to conditions and additional lenders.
- Proceeds will fund existing loan commitments, new CRE loans, and working capital.
- Third institutional bank added; East West Bank remains administrative agent.
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