Brief: Gladstone Land Corp Enters Into Second Amendment To Loan Agreement

Gladstone Land

18/12/2023 22:27

Dec 18 (Reuters) - Gladstone Land Corp  LAND.O :
    * GLADSTONE LAND CORP - ON DECEMBER 14, ENTERED INTO A
SECOND
AMENDMENT TO LOAN AGREEMENT
    * GLADSTONE LAND CORP - AMENDMENT EXTENDS MATURITY DATE OF
REVOLVING LINES OF CREDIT UNDER CREDIT FACILITY FROM APRIL 5,
2024 TO DECEMBER 15, 2033
    * GLADSTONE LAND CORP - AMENDMENT ALSO REVISED CERTAIN
COVENANTS,
INCLUDING INCREASING CONSOLIDATED NET WORTH COVENANT TO $400
MILLION

Further company coverage:  LAND.O 

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