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Glenstone Amends Financing Facilities to Enhance Funding for Alternative Income REIT Share Purchases

MT Newswires·07/28/2026 03:36:15
語音播報
03:36 AM EDT, 07/28/2026 (MT Newswires) -- Glenstone REIT said Tuesday it amended its financing arrangements to increase funding available for market purchases of Alternative Income REIT (AIRE.L) shares under its final cash offer of 0.714 pound sterling per share. Under the revised terms, Glenstone can draw on its revolving credit facility to finance additional market purchases of Alternative Income REIT shares, with total availability across the revolving credit and acquisition facilities effectively capped at 45 million pounds. The commitments under the revolving credit facility will be capped at the lower of 13.1 million pounds or 45 million pounds less the amount outstanding under the acquisition facility.