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An announcement from Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust of Benef Interest ( (GBAB) ) is now available.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has entered into a new $100 million credit facility with Bank of America, allowing for flexible borrowing within certain limits. This move comes as the Trust plans to terminate its existing agreement with Société Générale. The new facility, secured by the Trust’s assets, offers competitive interest rates and imposes conditions to maintain financial stability, appealing to investors interested in stock and financial markets.
See more data about GBAB stock on TipRanks’ Stock Analysis page.