By Marisa Wong
Los Angeles, Nov. 15 – Broadmark Realty Capital Inc. said it closed a private placement of $100 million of 5% senior notes due 2026.
Piper Sandler & Co. acted as placement agent, according to a news release.
The company intends to use the proceeds to originate new investments relating to its business.
The internally managed secured real estate finance company is based in Seattle.
| Issuer: | Broadmark Realty Capital Inc.
|
| Issue: | Senior notes
|
| Amount: | $100 million
|
| Maturity: | 2026
|
| Coupon: | 5%
|
| Placement agent: | Piper Sandler & Co.
|
| Announcement date: | Nov. 15
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
