Claros Mortgage Trust amends credit agreement with $150M prepayment and covenant waivers

Claros Mortgage Trust, Inc.

Required $150 million prepayment of outstanding Term Loans as part of Amendment No. 6.
Minimum Tangible Net Worth covenant reduced to $1.4B through March 31, 2026.
Minimum Interest Coverage Ratio covenant waived for quarters ending Sep 2025, Dec 2025, Mar 2026.
Modification of certain covenants including prepayment obligations from disposition net proceeds.
Company's rights to create or transfer assets to unrestricted subsidiaries limited.

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