- THIS PRESS RELEASE STATES THAT RIF HAS ENTERED INTO A NEW $50 MILLION REVOLVING CREDIT FACILITY. RIF MAY BORROW LESS THAN $50 MILLION UNDER THE FACILITY. IN ADDITION, THE AVAILABILITY OF BORROWINGS UNDER THE FACILITY IS SUBJECT TO RIF SATISFYING CERTAIN COLLATERAL REQUIREMENTS, FINANCIAL COVENANTS AND REGULATORY ASSET COVERAGE TESTS. THEREFORE, IT IS POSSIBLE THAT RIF WILL BE UNABLE TO BORROW UNDER THE FACILITY OR MAY ONLY BE ABLE TO BORROW LESS THAN $50 MILLION UNDER THE FACILITY.
- ACTUAL COSTS UNDER THE NEW CREDIT FACILITY MAY BE HIGHER THAN LIBOR PLUS 95 BASIS POINTS BECAUSE OF OTHER FEES AND EXPENSES ASSOCIATED WITH THE FACILITY, SUCH AS A FEE OF 55 BASIS POINTS THAT IS CHARGED ON AMOUNTS THAT ARE COMMITTED TO BUT UNDRAWN UNDER THE FACILITY. THE NEW CREDIT FACILITY ALSO PROVIDES BNP THE ABILITY TO INCREASE THE RATE PAID ON BORROWINGS UNDER THE FACILITY ON 270 DAYS ADVANCE NOTICE.
RMR Real Estate Income Fund Enters Into New $50 Million Credit Facility
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.