Brief: Farmland Partners Says Co's Units Entered Into Loan Agreement With Brighthouse Life Insurance

Farmland Partners

14/10/2022 21:54

Oct 14 (Reuters) - Farmland Partners Inc  FPI.N :
    * FARMLAND PARTNERS INC - ON OCT 13, UNITS OF CO ENTERED
INTO LOAN
AGREEMENT WITH BRIGHTHOUSE LIFE INSURANCE COMPANY
    * FARMLAND PARTNERS INC - CREDIT FACILITY AGREEMENT PROVIDES
FOR
SENIOR SECURED REVOLVING LINE OF CREDIT OF UP TO $75.0 MILLION
    * FARMLAND PARTNERS INC - PROCEEDS FROM CREDIT FACILITY WILL
BE
USED TO ACQUIRE ADDITIONAL PROPERTIES, TO REPAY EXISTING DEBT
    * FARMLAND PARTNERS INC - CREDIT FACILITY MATURES ON OCTOBER
1,
2027

Further company coverage:  FPI.N 
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