Greystone housing impact investors lp issues 1,750,000 series b preferred units

Omaha, neb., jan. 22, 2024 (globe newswire) -- greystone housing impact investors lp (nyse: ghi) (the “partnership”) announced today that on january 19, 2024 the partnership executed an exchange agreement to issue 1,750,000 series b preferred units representing limited partnership interests in the partnership (the “series b preferred units”) to a financial institution in exchange for 1,750,000 previously outstanding series a preferred units representing limited partnership interests in the partnership (the “series a preferred units”) held by such 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 b preferred units is $17,500,000. the series b preferred units were issued in accordance with the partnership's existing “shelf” registration statement on form s-4 (reg. no. 333-275170) for the exchange of up to 1,750,000 of previously issued series a preferred units.
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