--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-26-018658" form_type: "8-K" ticker: "LFT" cik: "0001547546" company_name: "Lument Finance Trust, Inc." filed_at: "2026-02-23T23:59:59+00:00" generated_at: "2026-05-16T01:08:45.620413+00:00" event_type: "debt" sentiment: "neutral" materiality_score: 0.5 calibrated_materiality_score: 0.5 confidence: "high" source: SEC EDGAR --- # Lument Finance extends secured term loan maturity to 2030; adds $2.25M at 9.75% ## Summary - Secured term loans ($50M total) extended from Feb 2026 to Feb 2030; $2.25M incremental tranche drawn Feb 23, 2026. - Interest fixed at 9.75% p.a., stepping up 0.50% every three months after Feb 20, 2029. - Amended financial covenants: max total net leverage ratio, min tangible net worth, new min liquidity covenant. - Borrowing base advanced rate and eligible asset definitions also amended. ## SEC filing metadata - accession: 0001104659-26-018658 - form_type: 8-K - ticker: LFT - cik: 0001547546 - company_name: Lument Finance Trust, Inc. - filed_at: 2026-02-23T23:59:59+00:00 - event_type: debt - sentiment: neutral - materiality_score: 0.5 - calibrated_materiality_score: 0.5 - confidence: high - sec_items: 1.01, 2.03, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1547546/000110465926018658/0001104659-26-018658-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1547546/000110465926018658/tm267038d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-26-018658 - JSON: https://secwatch.observer/filing/0001104659-26-018658.json - Plain text: https://secwatch.observer/filing/0001104659-26-018658.txt ## Source-grounded claims - claim_id: 83adee08d308f2d761a91c6c2a36ced07ade46e3 claim: Lument Finance Trust, Inc. incurred term loan of $2.25 million with lenders at 9.75% per annum, subject to step up by 0.50% per annum for the first three month maturing February 20, 2030. evidence_excerpt: provide the Company with an incremental secured term loan in the aggregate principal amount of $2.25 million (the “Second Incremental Secured Term Loan”), which the Company drew upon on February 23, 2026; evidence_url: https://www.sec.gov/Archives/edgar/data/1547546/000110465926018658/0001104659-26-018658-index.htm - claim_id: cd96d7af0d6cf442a04c7f8432d4f57458bd4bee claim: Lument Finance Trust, Inc. amended term loan of the secured term loans (including initial $40.25 million, first incremental $7.5 million, and Second Incremental $2.25 m with lenders at 9.75% per annum, subject to step up by 0.50% per annum for the first three month maturing February 20, 2030. evidence_excerpt: and Guaranty Agreement from February 20, 2026 to February 20, 2030. Such secured term loans include (i) the initial secured term loan in the aggregate principal amount of $40.25 million, which was drawn by the Company on February 14, 2019, (ii) the first incremental secured term loan in the aggregate principal amount of $7.5 million, which was drawn by the evidence_url: https://www.sec.gov/Archives/edgar/data/1547546/000110465926018658/0001104659-26-018658-index.htm - claim_id: 50b90319dc7409e252f12c7adda90f3287834dee claim: Lument Finance Trust, Inc. amended Fifth Amendment to Credit and Guaranty Agreement with Cortland Capital Market Services LLC valued at extended maturity date of secured term loans to February 20, 2026 (effective 2026-02-17). evidence_excerpt: On February 17, 2026, Lument Finance Trust, Inc. (the “Company”), as borrower, and its subsidiaries, Five Oaks Acquisition Corp. and Lument CMT Equity, LLC, each as a guarantor (together, the “Guarantors”), Cortland Capital Market Services LLC, as the administrative agent and collateral agent (the “Agent”), and the lenders party thereto, entered into an amendment (the “Fifth Amendment”) to the Credit and Guaranty Agreement, dated January 15, 2019, as amended by each of the First Amendment to Credit and Guaranty Agreement, dated February 13, 2019, the Second Amendment to Credit and Guaranty Agreement, dated July 9, 2020, the Third Amendment to Credit and Guaranty Agreement, dated April 21, 2021, the Amended and Restated Third Amendment to Credit and Guaranty Agreement, dated August 23, 2021, and the Fourth Amendment to Credit and Guaranty Agreement, dated February 22, 2022 (collectively, and as further amended by the Fifth Amendment, the “Credit and Guaranty Agreement”). evidence_url: https://www.sec.gov/Archives/edgar/data/1547546/000110465926018658/0001104659-26-018658-index.htm - claim_id: aa76642934005b17a301b45a8c04ad616ec2f5a5 claim: Lument Finance Trust, Inc. amended Sixth Amendment to Credit and Guaranty Agreement with Cortland Capital Market Services LLC valued at incremental secured term loan of $2.25 million; maturity extended to February 20, 2030; interest rat (effective 2026-02-20). evidence_excerpt: On February 20, 2026, the Company and the Guarantors entered into a further amendment (the “Sixth Amendment”) to the Credit and Guaranty Agreement (as so amended, the “Amended Credit and Guaranty Agreement”) with the Agent and the lenders party thereto, to, among other things: · provide the Company with an incremental secured term loan in the aggregate principal amount of $2.25 million (the “Second Incremental Secured Term Loan”), which the Company drew upon on February 23, 2026; · extend the maturity date of the secured term loans provided under the Amended Credit and Guaranty Agreement from February 20, 2026 to February 20, 2030. evidence_url: https://www.sec.gov/Archives/edgar/data/1547546/000110465926018658/0001104659-26-018658-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.