Brief: BRT Apartments Corp Expands Financial Flexibility With Amended Credit Facility

BRT Apartments

15/09/2022 23:07

Sept 15 (Reuters) - BRT Apartments Corp  BRT.N :
    * BRT APARTMENTS CORP. EXPANDS FINANCIAL FLEXIBILITY WITH
AMENDED
CREDIT FACILITY
    * BRT APARTMENTS CORP - ENTERED INTO AN AMENDED CREDIT
FACILITY
WHICH INCREASES TO UP TO A TOTAL OF $60 MILLION AMOUNT AVAILABLE
TO BE BORROWED
    * BRT APARTMENTS CORP - AMENDED CREDIT FACILITY EXTENDS TERM
OF
FACILITY TO SEPTEMBER 2025
    * BRT APARTMENTS CORP - $60 MILLION AMOUNT AVAILABLE TO BE
BORROWED FOR ACQUISITION OF, AND REPAYMENT OF MORTGAGE DEBT ON,
MULTI-FAMILY PROPERTIES
    * BRT APARTMENTS CORP -  AMENDED CREDIT FACILITY INCREASES
AMOUNT
AVAILABLE TO BE BORROWED FOR OPERATING EXPENSES TO $25 MILLION

Source text for Eikon:  ID:nGNX4x7m39 
Further company coverage:  BRT.N 

 ((Reuters.Briefs@thomsonreuters.com;))