debt
confidence high
sentiment neutral
materiality 0.55
Claros Mortgage Trust reduces Morgan Stanley repurchase facility to $750M, extends maturity options
Claros Mortgage Trust, Inc.
- Facility amount decreased to $750M (Thirteenth Amendment to Master Repurchase Agreement).
- Seller has one option to extend to Jan 26, 2026, one to Jan 26, 2027, and a discretionary option to Jan 26, 2028.
- Extension options require payment of an extension fee and no material monetary Event of Default.
- No Material Adverse Effect, Margin Deficit, or Event of Default as of amendment date.