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Owens Realty Mortgage reports amended, restated revolving credit pact

Sep. 06, 2018 4:48 PM ETOwens Realty Mortgage, Inc. (ORM) StockBy: Liz Kiesche, SA News Editor
  • Owens Realty Mortgage (NYSEMKT:ORM) enters a second amended, restated credit agreement, noting that the lenders agree to provide a $75.0M secured revolving credit facility with an option to increase the maximum amount to $95.0M.
  • Maturity date is extended to May 15, 2020; advances of funds are permitted until the new maturity date.
  • Previously: Owens Realty beats by $0.13, beats on revenue (Aug. 8)

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