SmartFinancial secures extension on revolving credit facility

EditorLina Guerrero
Published 01/24/2025, 05:10 PM
SMBK
-

Investors and stakeholders can refer to the full text of the Extension Letter and the Revolving Note for a complete understanding of the terms and implications of the agreement. These documents are incorporated by reference and are part of the company's current report. For a comprehensive analysis of SmartFinancial's financial health, growth prospects, and detailed metrics, investors can access the full Pro Research Report available on InvestingPro, which covers over 1,400 US stocks with expert insights and actionable intelligence. For a comprehensive analysis of SmartFinancial's financial health, growth prospects, and detailed metrics, investors can access the full Pro Research Report available on InvestingPro, which covers over 1,400 US stocks with expert insights and actionable intelligence.

Investors and stakeholders can refer to the full text of the Extension Letter and the Revolving Note for a complete understanding of the terms and implications of the agreement. These documents are incorporated by reference and are part of the company's current report. For a comprehensive analysis of SmartFinancial's financial health, growth prospects, and detailed metrics, investors can access the full Pro Research Report available on InvestingPro, which covers over 1,400 US stocks with expert insights and actionable intelligence.

The company disclosed this development in a Form 8-K filing with the Securities and Exchange Commission (SEC) on Friday, January 24, 2025. The filing included the Extension Letter as Exhibit 10.1 and referenced the original Revolving Note as Exhibit 10.2, which was previously filed on February 6, 2023.

SmartFinancial Inc ., listed on the New York Stock Exchange under the ticker symbol (NYSE:SMBK), operates through its subsidiary SmartBank. The extension of the credit facility is a significant financial move for the company, ensuring that it maintains a flexible and stable financial structure for the near future.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.