Caliber secures option to retire USD 9.1 million corporate notes at discount for USD 7.3 million cash

PUBT · 4d ago
Caliber secures option to retire USD 9.1 million corporate notes at discount for USD 7.3 million cash
  • Caliber completed a refinance covering about USD 3.4 million of corporate promissory notes.
  • About USD 2.9 million was exchanged into new five-year amortizing notes at 6%, down from a roughly 11.5% weighted average rate.
  • Another USD 0.6 million of note principal converted into Series AAA Convertible Preferred Stock, a perpetual instrument with a 12% non-cumulative dividend.
  • Holders of about USD 9.1 million of notes granted a six-month option to retire the notes for about USD 7.3 million cash.
  • Interest continues on the full principal during the option period; full exercise would cut annual interest expense by about USD 1.3 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CaliberCos Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609140730PRIMZONEFULLFEED9825887) on September 14, 2026, and is solely responsible for the information contained therein.