InPoint Commercial Real Estate Income, Inc. (ICR-PA): debt financing — InPoint extends JPM repo facility to 2026, ups capacity to $526M from $150M

InPoint Commercial Real Estate Income, Inc.

Maximum facility amount increased to $526,076,160 from $150,000,000.
Maturity extended to May 6, 2026, with options for two one-year extensions to May 6, 2028.
Guarantee amended to exclude Series A preferred dividends from Fixed Charges ratio covenant.
Definition of liquidity expanded to include lines with Inland Real Estate Investment Corp. and Sound Point Capital Management.
Amendment executed through wholly owned subsidiary InPoint JPM Loan, LLC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

InPoint Commercial Real Estate Income, Inc. amended credit facility of increase the maximum facility amount to $526,076,160 with JPMorgan Chase Bank, National Association maturing May 6, 2026, with the option to extend the maturity date further to May 6, 2028 subject to two optional one-year extensions.

Instrument: credit facility
Principal: increase the maximum facility amount to $526,076,160
Counterparty: JPMorgan Chase Bank, National Association
Maturity: May 6, 2026, with the option to extend the maturity date further to May 6, 2028 subject to two optional one-year extensions
Event: amendment

Exact text from the filing

On May 5, 2023, the Company, through the Loan Subsidiary, entered into an amendment to the JPM Repo Facility (the “JPM Repo Facility Amendment”) to (i) extend the maturity date of the JPM Repo Facility to May 6, 2026, with the option to extend the maturity date further to May 6, 2028 subject to two optional one-year extensions, and (ii) increase the maximum facility amount to $526,076,160 (the “Amended Maximum Facility Amount”).

View on SEC.gov

295 debt financings filed in the last 30 days. Browse all debt financings →

InPoint Commercial Real Estate Income, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-018840

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.