Group 1 - Greystone Housing Impact Investors LP announced the issuance of 2,000,000 additional Series B Preferred Units, generating $20,000,000 in new proceeds [1][2] - The Series B Preferred Units are non-cumulative, non-convertible, and non-voting, with an option for redemption starting from March 2031 [2] - The CEO highlighted that this issuance provides non-dilutive, fixed-rate, low-cost capital, and the institutional investor has invested a total of $70 million through multiple series of preferred units [3] Group 2 - Greystone Housing Impact Investors LP was established in 1998 to manage a portfolio of mortgage revenue bonds aimed at financing affordable housing [4] - The Partnership's strategy includes acquiring additional mortgage revenue bonds and leveraging attractive financing structures available in the market [4]
Greystone Housing Impact Investors LP Issues 2,000,000 Series B Preferred Units