TRTX prices $1.1B CRE CLO; expects $211M net proceeds from redemption of prior CLO

TPG RE Finance Trust, Inc.

TRTX 2025-FL6: $1.1B CRE CLO; $962.5M investment grade securities placed with institutional investors.
Non-mark-to-market, non-recourse financing; 30-month reinvestment period, advance rate 87.5%, SOFR+1.83%.
To redeem TRTX 2019-FL3 (~$114.6M outstanding) on March 17, 2025.
Net cash proceeds ~$211.1M for investment and corporate purposes.
Closing expected on or around March 28, 2025; Goldman Sachs sole structuring agent.

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