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SACH - Sachem Capital announces $2.5M notes offering
Sachem Capital Corp.
Sachem Capital (NYSE:SACH +0.4%) sold an additional $2.5M original principal amount of its 7.125% unsecured, unsubordinated notes due 2027. Total gross proceeds of the offering to $30M, and net proceeds to $28.8M after payment of underwriting discounts and commissions and estimated offering expenses.