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Stock impact report

Alpine Income Property Trust Closes $450 Million Unsecured Credit Agreement

Alpine Income Property Trust, Inc. (PINE) 
Last alpine income property trust, inc. earnings: 4/27 04:22 pm Check Earnings Report
Company Research Source: GlobeNewswire
WINTER PARK, Fla., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”), today announced that it closed an amended and restated unsecured credit facility (the “Credit Facility”) with the proceeds used to effectively retire all the Company’s prior unsecured debt. Highlights of the new Credit Facility are as follows: A $450 million unsecured Credit Facility comprised of: a $250 million revolving credit facility due February 2030 with two six-month extension options (the “Revolving Credit Facility”),a $100 million term loan due February 2029 (the “2029 Term Loan”), anda $100 million term loan due February 2031 (the “2031 Term Loan”) Borrowings under the Credit Facility range within a pricing grid based on the Company’s leverage ratio plus SOFR and are 10 to 15 basis points lower compared to the Company’s prior unsecured debtProvides an accordion feature which allows for total borrowings under the Credit Facility to be increased to $ Show less Read more
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