Brief: Gladstone Land Corp - On February 3, 2022, Co Entered Into A First Amendment To Loan Agreement

Gladstone Land

04/02/2022 21:17

Feb 4 (Reuters) - Gladstone Land Corp  LAND.O :
    * GLADSTONE LAND CORP - ON FEBRUARY 3, 2022, CO ENTERED INTO
A
FIRST AMENDMENT TO LOAN AGREEMENT
    * GLADSTONE LAND CORP - AMENDMENT INCREASES OVERALL SIZE OF
CREDIT
FACILITY BY $100.0 MILLION THROUGH ADDITION OF NEW $100.0
MILLION LONG-TERM NOTE PAYABLE
    * GLADSTONE LAND CORP - NEW METLIFE TERM NOTE IS SCHEDULED
TO
MATURE ON JANUARY 5, 2032
    * GLADSTONE LAND CORP - AS PART OF THE AMENDMENT, GLADSTONE
PAID
AGGREGATE FEES OF ABOUT $250,000 TO METLIFE

Further company coverage:  LAND.O 

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