Chicago Atlantic Secures BBB+ Rating And $50M Loan To Enhance Liquidity In Cannabis Lending
Chicago Atlantic Secures BBB+ Rating And $50M Loan To Enhance Liquidity In Cannabis Lending
Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI), a leading commercial mortgage real estate investment trust (REIT), has announced the closure of a $50 million unsecured term loan with two institutional private lending platforms. This funding aims to support the company's future investments and various general corporate purposes.
纽约证券交易所资产财务公司（NASDAQ: REFI）,一家领先的商业抵押房地产投资信托(reits),宣布与两家机构私人借贷平台签署了一项5000万美元无抵押期限贷款的交易。这笔资金旨在支持公司未来的投资和各种一般企业用途。
The unsecured term loan, which matures in October 2028, features a fixed cash interest rate of 9.0% and is interest-only. The company retains the option to prepay the loan partially or in full, subject to applicable prepayment penalties. The full loan amount was drawn at closing to repay existing borrowings on Chicago Atlantic's $110 million senior secured revolving credit facility, as well as for other working capital needs.
到期日为2028年10月的无抵押期限贷款利率为固定现金利率9.0％，仅限支付利息。公司保留部分或全部提前偿还贷款的选择权，但需支付适用的提前偿还罚金。整个贷款金额在发放时全部用于偿还纽约证券交易所的11000万美元的优先担保循环信贷设施上的现有借款，以及其他运营资金需求。
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Strong Investment Grade Rating
强劲的投资级评级
In conjunction with the loan announcement, Chicago Atlantic disclosed that Egan-Jones has assigned a BBB+ investment grade rating to both the Company and the senior unsecured term loan. This rating reflects the company's creditworthiness and ability to manage its financial obligations effectively.
与贷款公告同时，纽约证券交易所披露称，Egan-Jones已经向公司和高级无抵押期限贷款分配了BBB+的投资级评级。该评级反映了公司的信用价值和有效管理财务义务的能力。
Peter Sack, co-chief executive officer, noted, "This unsecured note is the latest example of our ability to source accretive financing that further enhances our operational liquidity to pursue additional opportunities within our active originations pipeline." This statement underscores Chicago Atlantic's commitment to maintaining a strong financial position and capitalizing on growth opportunities in the cannabis sector.
共同首席执行官彼得·萨克指出：“这张无抵押票据是我们能够获得具有增值财务的融资的最新示例，从而进一步增强了我们的经营流动性，以在我们的主动发起管道内寻求额外机会。” 此声明强调了纽约证券交易所在保持强大财务状况，并利用大麻股行业增长机会方面的承诺。
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阅读更多: 1200万美元的租金收入: 为何投资者应关注这支打破平均水平的股票
Purpose Of Loan Funds
贷款资金用途
The $50 million loan is strategically aimed at not only funding new investments but also at addressing ongoing financial obligations. By utilizing a portion of the loan to repay outstanding borrowings from its $110 million revolving credit facility, Chicago Atlantic positions itself to improve its liquidity. This proactive approach allows the company to maintain a robust balance sheet while seeking new opportunities in the market.
这5000万美元的贷款战略地旨在不仅资助新投资，还用于解决持续的财务义务。通过利用部分贷款偿还来自其11000万美元循环信贷设施的未偿借款，芝加哥大西洋使自己能够改善流动性。这种积极的做法使公司能够保持强劲的资产负债表，同时寻求市场上的新机会。
