Alico, Inc. Announces Amendment to its Revolving Line of Credit with MetLife
Alico, Inc. (ALCO)
US:NASDAQ Investor Relations:
ir.stockpr.com/alicoinc/investor-home
Company Research
Source: GlobeNewswire
FORT MYERS, Fla., Oct. 01, 2025 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or “the Company”) (Nasdaq: ALCO) today announced that effective September 29, 2025, it has amended its Credit Agreement (the “Amendment”) with MetLife Investment Management, LLC for each of Metropolitan Life Insurance Company and New England Life Insurance Company (collectively “MetLife”), which, among other things, provides for $10 million of additional fixed rate borrowings. The proceeds of these borrowings were used to retire all of the Company’s existing indebtedness with Prudential Mortgage Capital Company, LLC (“Prudential”). John Kiernan, President and Chief Executive Officer of the Company, stated, “This refinancing transaction further strengthens our balance sheet and enhances our financial flexibility by eliminating $1.16 million of annual mandatory principal payments on the Prudential debt and extending the maturity of these borrowings under the MetLife agreement to May 1, 2034. We believe the compl
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ALCO
News
- Alico (NASDAQ:ALCO) had its "buy" rating reaffirmed by analysts at Roth Capital.MarketBeat
- Alico Inc (ALCO) Q4 2025 Earnings Call Highlights: Strategic Transformation and Financial Resilience [Yahoo! Finance]Yahoo! Finance
- Alico, Inc. (ALCO) Q4 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Alico outlines $335M–$380M near-term real estate project value as land sales, transformation continue [Seeking Alpha]Seeking Alpha
- Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2025GlobeNewswire
ALCO
Earnings
- 11/24/25 - Miss
ALCO
Sec Filings
- 11/24/25 - Form 10-K
- 11/24/25 - Form 8-K
- 11/14/25 - Form SCHEDULE
- ALCO's page on the SEC website