---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-076720"
form_type: "8-K"
ticker: "CMTG"
cik: "0001666291"
company_name: "Claros Mortgage Trust, Inc."
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:28:56.536485+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Claros Mortgage Trust increases JPMorgan repurchase facility to $2.31B; EBITDA/interest covenant eased

## Summary
- Main Pool Maximum Facility Amount increased to $2,310,000,000.
- Additional Advance Maximum Amount remains $250M; termination date extended to August 10, 2025.
- EBITDA/Interest Expense ratio covenant temporarily lowered to 1.10x from 1.30x through Q3 2025.
- At least $48.3M from new asset purchases to reduce existing Additional Advance Amount.

## SEC filing metadata
- accession: 0000950170-24-076720
- form_type: 8-K
- ticker: CMTG
- cik: 0001666291
- company_name: Claros Mortgage Trust, Inc.
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666291/000095017024076720/0000950170-24-076720-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666291/000095017024076720/cmtg-20240620.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-076720
- JSON: https://secwatch.observer/filing/0000950170-24-076720.json
- Plain text: https://secwatch.observer/filing/0000950170-24-076720.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.