Safe & Green Holdings Closes Refinancing of Waldron Facility in Durant, OK
Safe & Green Holdings Corp. (SGBX)
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Source: GlobeNewswire
MIAMI, FL, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, is pleased to announce it has successfully closed on a new loan involving its Waldron facility located in Durant, Oklahoma via refinancing. This strategic move will free up working capital and support Safe & Green Holdings' growing customer demand and facilitating its aggressive expansion strategies. The Company was able to secure over an additional $1 million from the prior loan on the property, with more favorable terms and a lower interest rate. This arrangement not only underscores the real-world value of Safe & Green Holdings' assets, but also provides the Company with greater flexibility to expand its operations. “We are always prepared to capitalize on strategic opportunities when they are presented,” said Paul Galvin, Chairperson and CEO of Safe & Green Holdings. “Th
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News
- Modular Construction Industry Poised for Continued Global Expansion Through 2024 - Long-term Market Forecasts to 2028 and 2033 [Yahoo! Finance]Yahoo! Finance
- Safe & Green Holdings Reports Second Quarter 2024 Results and Provides a Business UpdateGlobeNewswire
- Safe and Green Holdings Announces Preliminary Term Sheet to Refinance Waldron FacilityGlobeNewswire
- Correction: Safe & Green Holdings Corp. Announces Promotion of David Cross to Executive Vice President [Yahoo! Finance]Yahoo! Finance
- Correction: Safe & Green Holdings Corp. Announces Promotion of David Cross to Executive Vice PresidentGlobeNewswire
SGBX
Sec Filings
- 9/24/24 - Form 8-K
- 8/30/24 - Form 8-K
- 8/30/24 - Form 8-K
- SGBX's page on the SEC website