Greystone Housing Impact Investors LP Increases Line of Credit Capacity
Greystone Housing Impact Investors LP (NYSE: GHI) has secured an expanded $80 million revolving line of credit through a new Credit Agreement with five financial institutions, replacing its previous $50 million facility from August 2021. The Acquisition LOC represents a $30 million increase in borrowing capacity.
Key terms include interest rates at Term SOFR plus 2.50% with a 2.60% floor, maturity in June 2027 with potential extension to June 2029. The facility will provide temporary financing for investment purchases, to be repaid through Tender Option Bond financing or similar securitizations.
Greystone Housing Impact Investors LP (NYSE: GHI) ha ottenuto una linea di credito revolving ampliata a 80 milioni di dollari tramite un nuovo Accordo di Credito con cinque istituti finanziari, sostituendo la precedente struttura da 50 milioni di agosto 2021. La Acquisition LOC rappresenta un aumento di 30 milioni di dollari nella capacit脿 di indebitamento.
I termini principali includono tassi di interesse al Term SOFR pi霉 2,50% con un floor del 2,60%, scadenza a giugno 2027 con possibile estensione fino a giugno 2029. La linea fornir脿 finanziamenti temporanei per acquisti di investimenti, da rimborsare tramite finanziamenti Tender Option Bond o titolarizzazioni simili.
Greystone Housing Impact Investors LP (NYSE: GHI) ha asegurado una l铆nea de cr茅dito renovable ampliada de 80 millones de d贸lares mediante un nuevo Acuerdo de Cr茅dito con cinco instituciones financieras, reemplazando su anterior l铆nea de 50 millones de agosto de 2021. La Acquisition LOC representa un aumento de 30 millones de d贸lares en la capacidad de endeudamiento.
Los t茅rminos clave incluyen tasas de inter茅s de Term SOFR m谩s 2.50% con un m铆nimo del 2.60%, vencimiento en junio de 2027 con posible extensi贸n hasta junio de 2029. La l铆nea proporcionar谩 financiamiento temporal para compras de inversiones, que se reembolsar谩 mediante financiamiento con bonos Tender Option o titulizaciones similares.
Greystone Housing Impact Investors LP (NYSE: GHI)電� 雼れ劘 臧� 旮堨湹旮瓣磤瓿检潣 靸堧鞖� 鞁犾毄 瓿勳暯鞚� 韱淀暣 8,000毵� 雼煬 攴滊鞚� 頇曤寑霅� 須岇爠 鞁犾毄 頃滊弰毳� 頇曤炒頄堨溂氅�, 鞚措姅 2021雲� 8鞗旍潣 旮办〈 5,000毵� 雼煬 頃滊弰毳� 雽�觳错暕雼堧嫟. Acquisition LOC電� 彀瀰 頃滊弰毳� 3,000毵� 雼煬 歃濌皜鞁滍偍 瓴冹瀰雼堧嫟.
欤检殧 臁瓣贝鞙茧電� Term SOFR鞐� 2.50%毳� 雿旐暅 旮堧Μ鞕� 2.60%鞚� 斓滌爛旮堧Μ臧� 鞝侅毄霅橂┌, 毵岅赴電� 2027雲� 6鞗�鞚搓碃 2029雲� 6鞗旉箤歆� 鞐办灔 臧�電レ劚鞚� 鞛堨姷雼堧嫟. 鞚� 鞁滌劋鞚� 韴瀽 毵れ瀰鞚� 鞙勴暅 鞛勳嫓 鞛愱笀鞚� 鞝滉车頃橂┌, Tender Option Bond 旮堨湹鞚措倶 鞙犾偓頃� 歃濌秾頇� 氚╈嫕鞙茧 靸來櫂霅� 鞓堨爼鞛呺媹雼�.
Greystone Housing Impact Investors LP (NYSE : GHI) a obtenu une ligne de cr茅dit renouvelable 茅largie 脿 80 millions de dollars via un nouvel accord de cr茅dit avec cinq institutions financi猫res, rempla莽ant son pr茅c茅dent dispositif de 50 millions datant d'ao没t 2021. La Acquisition LOC repr茅sente une augmentation de 30 millions de dollars de la capacit茅 d'emprunt.
Les conditions cl茅s incluent des taux d'int茅r锚t 脿 Term SOFR plus 2,50% avec un plancher 脿 2,60%, 茅ch茅ance en juin 2027 avec une extension possible jusqu'en juin 2029. La facilit茅 fournira un financement temporaire pour des achats d'investissements, rembours茅 via un financement par obligations Tender Option ou des titrisations similaires.
Greystone Housing Impact Investors LP (NYSE: GHI) hat eine erweiterte revolvierende Kreditlinie in H枚he von 80 Millionen US-Dollar durch eine neue Kreditvereinbarung mit f眉nf Finanzinstituten gesichert und ersetzt damit seine vorherige 50-Millionen-Dollar-Fazilit盲t aus August 2021. Die Acquisition LOC stellt eine Erh枚hung der Kreditaufnahme um 30 Millionen US-Dollar dar.
Wesentliche Bedingungen umfassen Zinss盲tze von Term SOFR plus 2,50% mit einem Mindestzinssatz von 2,60% und einer Laufzeit bis Juni 2027 mit m枚glicher Verl盲ngerung bis Juni 2029. Die Fazilit盲t dient der vor眉bergehenden Finanzierung von Investitionsk盲ufen, die durch Tender Option Bond-Finanzierungen oder 盲hnliche Verbriefungen zur眉ckgezahlt werden sollen.
- Increased credit facility capacity by $30 million to $80 million total
- Extended maturity date to June 2027 with option to extend to June 2029
- Demonstrates strong banking relationships and improved access to capital
- Enhances flexibility in managing capital and liquidity positions
- Higher interest rate exposure with Term SOFR plus 2.50% and 2.60% floor
- Increased debt obligations and associated financial risks
OMAHA, Neb., July 07, 2025 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSE: GHI) (the 鈥淧artnership鈥�) announced today that on June 30, 2025, it entered into a Credit Agreement (the 鈥淐redit Agreement鈥�) with five financial institutions for a secured revolving line of credit (the 鈥淎cquisition LOC鈥�). The maximum aggregate commitment of the Acquisition LOC is
The Acquisition LOC provides temporary financing for the Partnership鈥檚 investment purchases. Advances under the Acquisition LOC are expected to be repaid from the Partnership鈥檚 traditional debt financing sources such as Tender Option Bond financing or similar securitization transactions. Outstanding balances on the Acquisition LOC bear interest at Term SOFR plus
鈥淭丑别
About Greystone Housing Impact Investors LP
Greystone Housing Impact Investors LP was formed in 1998 under the Delaware Revised Uniform Limited Partnership Act for the primary purpose of acquiring, holding, selling and otherwise dealing with a portfolio of mortgage revenue bonds which have been issued to provide construction and/or permanent financing for affordable multifamily, seniors and student housing properties. The Partnership is pursuing a business strategy of acquiring additional mortgage revenue bonds and other investments on a leveraged basis. The Partnership expects and believes the interest earned on these mortgage revenue bonds is excludable from gross income for federal income tax purposes. The Partnership seeks to achieve its investment growth strategy by investing in additional mortgage revenue bonds and other investments as permitted by its Second Amended and Restated Limited Partnership Agreement, dated December 5, 2022, taking advantage of attractive financing structures available in the securities market, and entering into interest rate risk management instruments. Greystone Housing Impact Investors LP press releases are available at www.ghiinvestors.com.
Safe Harbor Statement聽
Information contained in this press release contains 鈥渇orward-looking statements,鈥� which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include, but are not limited to, risks involving current maturities of our financing arrangements and our ability to renew or refinance such maturities, fluctuations in short-term interest rates, collateral valuations, mortgage revenue bond investment valuations and overall economic and credit market conditions. For a further list and description of such risks, see the reports and other filings made by the Partnership with the Securities and Exchange Commission, including but not limited to, its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Readers are urged to consider these factors carefully in evaluating the forward-looking statements. The Partnership disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
MEDIA CONTACT:
Karen Marotta
Greystone
212-896-9149
[email protected]
INVESTOR CONTACT:
Andy Grier
Senior Vice President
402-952-1235
FAQ
What is the new credit facility amount for Greystone Housing Impact Investors LP (NYSE: GHI)?
What are the interest rate terms for GHI's new Acquisition LOC?
When does Greystone Housing Impact Investors' new credit facility mature?
How will GHI use the new credit facility?
How much did GHI increase their credit facility compared to the previous agreement?
