
Safehold Secures $400M Loan to Boost Liquidity

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Safehold Inc. announced a $400 million unsecured term loan with JPMorgan Chase and others, maturing in 2030, to repay existing borrowings and enhance liquidity. The loan includes an option to increase up to $600 million. This move boosts Safehold's liquidity to $1.3 billion, aiding in asset unencumbrance and addressing debt maturities. Analysts rate SAFE stock as a Buy with a $28 target, though Spark's AI Analyst rates it Neutral due to financial risks and bearish technical indicators.
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