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Star Holdings extends debt and authorizes $10M share repurchase program
2025-03-31 19:48
- Star Holdings (NASDAQ:STHO) said on Monday that its board has authorized the repurchase of up to $10M of the company's common shares.
- The company said it has also signed a term loan credit agreement with Safehold to extend the maturity date of the underlying term loan facilities by one year, to March 31, 2028.
- As of March 28, 2025, the outstanding term loan had a principal balance of $115M and no outstanding borrowings on the incremental facility.
More on Star Holdings
- Safehold & Star Holdings: The Cookie At The End Of The Rainbow
- Financial information for Star Holdings
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