NEWS
Global Self Storage Extends $15 Million Revolving Credit Facility
Global Self Storage (NASDAQ:SELF) has extended its $15 million revolving credit facility with The Huntington National Bank for another three years, with a further one-year extension option. The facility bears interest at one-month SOFR plus 3.00%. Secured by properties in Millbrook and West Henrietta, NY; Lima, OH; Fishers, IN; and Clinton, CT, this credit line supports the company's growth strategies. CEO Mark C. Winmill emphasized their strong balance sheet and operational performance, focusing on property acquisitions, joint ventures, and expansions. The strategic plan aims to optimize occupancy, revenue, and NOI to build long-term shareholder value.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Spread kindness and love. Life is short. Don’t let greed eat you.
1259Followers
76Following
8845Visitors
Follow