America first multifamily investors, l.p. issues 2,000,000 series a-1 preferred units in exchange transaction

Omaha, neb., april 27, 2022 (globe newswire) -- america first multifamily investors, l.p. (nasdaq: atax) (“the partnership”) announced today that on april 26, 2022 the partnership executed an exchange agreement to issue 2,000,000 series a-1 preferred units representing limited partnership interests in the partnership (the “series a-1 preferred units”) to a financial institution in exchange for 2,000,000 previously outstanding series a preferred units representing limited partnership interests in the partnership (the “series a preferred units”) held by the financial institution. there were no net proceeds or other cash consideration paid to or from the partnership as a result of the exchange transaction. the stated value of the newly issued series a-1 preferred units is $20,000,000. the series a-1 preferred units were issued in accordance with the partnership's existing “shelf” registration statement on form s-4 for the exchange of up to 9,450,000 of previously issued series a preferred units.
ATAX Ratings Summary
ATAX Quant Ranking