UMH PROPERTIES, INC. EXPANDS ITS EXISTING UNSECURED REVOLVING CREDIT AGREEMENT
UMH Properties, Inc. (UMH)
Last umh properties, inc. earnings: 3/5 04:30 pm
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US:NYSE Investor Relations:
ir.umh.com
Company Research
Source: GlobeNewswire
FREEHOLD, NJ, April 03, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE:UMH), announced today that it has expanded its existing unsecured revolving credit facility (the “Facility”) from $180 million in available borrowings to $260 million in available borrowings. The Facility is syndicated with three banks, BMO Capital MarketsCorp. (“BMO”), JPMorgan Chase Bank, N.A. (“JPMorgan”) and Wells Fargo Bank, N.A. (“Wells Fargo”) as joint arrangers and joint book runners, with Bank of Montreal as administrative agent. Samuel A. Landy, President and Chief Executive Officer commented, "The expansion of our Facility will further enhance our liquidity and strengthen the financial flexibility and balance sheet of our Company as we continue to execute our growth strategy. We are pleased to continue our long-term relationship with BMO and JPMorgan and appreciate their continued support. We would also like to welcome Wells Fargo into this Facility. We look forward to continued succ
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UMH
News
- UMH Properties, Inc. (NYSE: UMH) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- UMH Properties, Inc. (NYSE: UMH) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- UMH PROPERTIES, INC. PUBLISHES ITS 2023 SUSTAINABILITY REPORT [Yahoo! Finance]Yahoo! Finance
- UMH PROPERTIES, INC. PUBLISHES ITS 2023 SUSTAINABILITY REPORTGlobeNewswire
- UMH PROPERTIES, INC. HONORED WITH MANUFACTURED HOUSING INSTITUTE'S COMMUNITY OPERATOR OF THE YEAR [Yahoo! Finance]Yahoo! Finance
UMH
Earnings
- 2/28/24 - Beat
UMH
Sec Filings
- 4/22/24 - Form 4
- 4/22/24 - Form 4
- 4/17/24 - Form 4
- UMH's page on the SEC website