UMH Properties, Inc. announced on July 22, 2025, the successful completion of the sale of approximately $80.2 million of its 5.85% Series B Bonds due 2030 to investors in Israel. The net proceeds from this offering amounted to $75.2 million.
These 2030 Bonds are unsecured obligations of the company, denominated in Israeli shekels but with principal and interest linked to the U.S. Dollar. Interest will be paid semi-annually, commencing December 31, 2025, until the final maturity date.
The proceeds from this bond issuance will be utilized for working capital and general corporate purposes, providing UMH with additional financial flexibility. This transaction diversifies the company's capital sources and secures long-term debt at a fixed rate.
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