Granite Point amends Citi repo facility; adds swingline, extends to May 2025

Granite Point Mortgage Trust Inc.

Amended Master Repurchase Agreement with Citibank adds swingline for short-term CRE loan financing.
Benchmark rate on all borrowings converted to Term SOFR.
Facility expiration extended from prior date to May 25, 2025.
Guaranty amended to increase maximum liability on swingline borrowings to 100%.
Existing agreement void and replaced; outstanding obligations deemed under new terms.

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