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.
紐約證券交易所資產財務公司（NASDAQ: REFI）,一家領先的商業抵押房地產投資信託(reits),宣佈與兩家機構私人借貸平台簽署了一項5000萬美元無抵押期限貸款的交易。這筆資金旨在支持公司未來的投資和各種一般企業用途。
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.
到期日爲2028年10月的無抵押期限貸款利率爲固定現金利率9.0％，僅限支付利息。公司保留部分或全部提前償還貸款的選擇權，但需支付適用的提前償還罰金。整個貸款金額在發放時全部用於償還紐約證券交易所的11000萬美元的優先擔保循環信貸設施上的現有借款，以及其他運營資金需求。
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Strong Investment Grade Rating
強勁的投資級評級
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.
與貸款公告同時，紐約證券交易所披露稱，Egan-Jones已經向公司和高級無抵押期限貸款分配了BBB+的投資級評級。該評級反映了公司的信用價值和有效管理財務義務的能力。
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.
共同首席執行官彼得·薩克指出：「這張無抵押票據是我們能夠獲得具有增值財務的融資的最新示例，從而進一步增強了我們的經營流動性，以在我們的主動發起管道內尋求額外機會。」 此聲明強調了紐約證券交易所在保持強大財務狀況，並利用大麻股行業增長機會方面的承諾。
Read Also: $12M In Rental Income: Why Investors Should Watch This Stock That's Crushing Averages
閱讀更多: 1200萬美元的租金收入: 爲何投資者應關注這支打破平均水平的股票
Purpose Of Loan Funds
貸款資金用途
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.
這5000萬美元的貸款戰略地旨在不僅資助新投資，還用於解決持續的財務義務。通過利用部分貸款償還來自其11000萬美元循環信貸設施的未償借款，芝加哥大西洋使自己能夠改善流動性。這種積極的做法使公司能夠保持強勁的資產負債表，同時尋求市場上的新機會。
