Sachem Capital Corp. Announces Full Repayment and Delisting of Maturing Unsecured Unsubordinated Notes From NYSE American
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Sachem Capital Corp. will fully repay and delist its 6.875% unsecured, unsubordinated Notes (SACC) from the NYSE American as they mature on December 30, 2024. The Notes will be redeemed at par plus accrued interest.
December 24, 2024 | 12:15 pm
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Sachem Capital Corp. is set to repay and delist its 6.875% Notes (SACC) from the NYSE American as they mature on December 30, 2024. This action may impact the company's liquidity and financial strategy.
The repayment and delisting of the Notes is a planned financial action, indicating no immediate financial distress. However, it may affect the company's liquidity and financial strategy, which investors should monitor.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80