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Safehold (SAFE) has provided an announcement.
Safehold Inc. has launched a new $750 million U.S. commercial paper program through its subsidiary, Safehold GL Holdings LLC, to issue short-term, unsecured notes, guaranteed by Safehold Inc. The funds raised will support general corporate activities and the notes, which will be offered privately, are supported by a credit line, with interest rates influenced by market conditions and credit ratings. The issuance is designed to comply with securities regulations, without the need for public registration.
Learn more about SAFE stock on TipRanks’ Stock Analysis page.