Sachem Capital Corp. Announces Registered Public Offering of Notes
SACHSachem Capital(SACH) GlobeNewswire News Room·2024-06-17 20:51

BRANFORD, Conn., June 17, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) today announced the commencement of a registered public offering of USD-denominated unsecured, unsubordinated Notes due five years from the date of issuance ("Notes"), subject to market conditions. The Notes are anticipated to be rated BBB+ by Egan Jones, Egan-Jones Ratings Company, an independent, unaffiliated rating agency, although this is contingent on prevailing market conditions. Egan-Jones is a Nationally Recognized S ...