NYSE:SAFESpecialized REITs
Safehold (SAFE): How a Major $400M Unsecured Loan Impacts Valuation and Financial Flexibility
Safehold (SAFE) just closed a $400 million unsecured term loan. This move is designed to boost liquidity and refinance previously secured debt. The transaction frees up key ground lease assets and extends financial flexibility for the company.
See our latest analysis for Safehold.
Safehold’s latest $400 million loan announcement seems to have caught investors’ attention, with a 3.9% one-day share price jump and an 8% rally over the week. However, despite this burst of momentum, the stock’s...