Goldman Sachs Real Estate Finance Trust closes $1.05B CLO with eight tranches

This filing

On March 31, 2026 (the “CLO Closing Date”), Goldman Sachs Real Estate Finance Trust Inc (the “Company”) entered into a collateralized loan obligation (the “CLO”) through its indirect wholly owned subsidiaries, GS REFT 2026-FL1 Issuer, Ltd. as issuer (the “Issuer”), and GS REFT 2026-FL1 Co-Issuer, LLC as co-issuer (the “Co-Issuer” and, together with the Issuer, the “Co-Issuers”). On the CLO Closing Date, the Co-Issuers co-issued six classes of offered notes, the Class A Notes, the Class A-S Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes (collectively, the “Offered Notes”), and the Issuer issued two additional classes of non-offered notes, the Class F Notes and the Class G Notes (together with the Offered Notes, the “Notes”), each in the principal amount and having the characteristics and designations set forth in the table below.

Comparable filing

Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the " Closing Date "), BlackRock TCP Capital Corp. (the " Company "), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the " CLO Transaction "). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C

This filing

On March 31, 2026 (the “CLO Closing Date”), Goldman Sachs Real Estate Finance Trust Inc (the “Company”) entered into a collateralized loan obligation (the “CLO”) through its indirect wholly owned subsidiaries, GS REFT 2026-FL1 Issuer, Ltd. as issuer (the “Issuer”), and GS REFT 2026-FL1 Co-Issuer, LLC as co-issuer (the “Co-Issuer” and, together with the Issuer, the “Co-Issuers”). On the CLO Closing Date, the Co-Issuers co-issued six classes of offered notes, the Class A Notes, the Class A-S Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes (collectively, the “Offered Notes”), and the Issuer issued two additional classes of non-offered notes, the Class F Notes and the Class G Notes (together with the Offered Notes, the “Notes”), each in the principal amount and having the characteristics and designations set forth in the table below.

Comparable filing

On May 29, 2026, Encompass Health Corporation (the “Company”) completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Notes”), along with the related guarantees of the Notes by certain of the Company’s subsidiaries (the “Guarantees”), in a private offering.

This filing

On March 31, 2026 (the “CLO Closing Date”), Goldman Sachs Real Estate Finance Trust Inc (the “Company”) entered into a collateralized loan obligation (the “CLO”) through its indirect wholly owned subsidiaries, GS REFT 2026-FL1 Issuer, Ltd. as issuer (the “Issuer”), and GS REFT 2026-FL1 Co-Issuer, LLC as co-issuer (the “Co-Issuer” and, together with the Issuer, the “Co-Issuers”). On the CLO Closing Date, the Co-Issuers co-issued six classes of offered notes, the Class A Notes, the Class A-S Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes (collectively, the “Offered Notes”), and the Issuer issued two additional classes of non-offered notes, the Class F Notes and the Class G Notes (together with the Offered Notes, the “Notes”), each in the principal amount and having the characteristics and designations set forth in the table below.

Comparable filing

The Amendment provides for, among other things, a new tranche of term loans under the Credit Agreement in an aggregate original principal amount of $868,522,978.38 (the “New Term Loans”), which New Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Amendment), as further set forth in the Amendment. The New Term Loans mature on December 6, 2030.

This filing

On March 31, 2026 (the “CLO Closing Date”), Goldman Sachs Real Estate Finance Trust Inc (the “Company”) entered into a collateralized loan obligation (the “CLO”) through its indirect wholly owned subsidiaries, GS REFT 2026-FL1 Issuer, Ltd. as issuer (the “Issuer”), and GS REFT 2026-FL1 Co-Issuer, LLC as co-issuer (the “Co-Issuer” and, together with the Issuer, the “Co-Issuers”). On the CLO Closing Date, the Co-Issuers co-issued six classes of offered notes, the Class A Notes, the Class A-S Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes (collectively, the “Offered Notes”), and the Issuer issued two additional classes of non-offered notes, the Class F Notes and the Class G Notes (together with the Offered Notes, the “Notes”), each in the principal amount and having the characteristics and designations set forth in the table below.

Comparable filing

The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.

This filing

On March 31, 2026 (the “CLO Closing Date”), Goldman Sachs Real Estate Finance Trust Inc (the “Company”) entered into a collateralized loan obligation (the “CLO”) through its indirect wholly owned subsidiaries, GS REFT 2026-FL1 Issuer, Ltd. as issuer (the “Issuer”), and GS REFT 2026-FL1 Co-Issuer, LLC as co-issuer (the “Co-Issuer” and, together with the Issuer, the “Co-Issuers”). On the CLO Closing Date, the Co-Issuers co-issued six classes of offered notes, the Class A Notes, the Class A-S Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes (collectively, the “Offered Notes”), and the Issuer issued two additional classes of non-offered notes, the Class F Notes and the Class G Notes (together with the Offered Notes, the “Notes”), each in the principal amount and having the characteristics and designations set forth in the table below.

Comparable filing

The Seventh Amendment (i) terminated the Initial Revolving Credit Commitments and simultaneously replaced them in their entirety with Extended Revolving Credit Commitments having a Maturity Date of May 7, 2029, (ii) decreased the interest rate margin applicable to the Revolving Credit Loans from margins ranging from 175 basis points to 275 basis points (subject to leverage ratio step-downs) to margins ranging from 125 basis points to 225 basis points (subject to leverage ratio step-downs)

This filing

On March 31, 2026 (the “CLO Closing Date”), Goldman Sachs Real Estate Finance Trust Inc (the “Company”) entered into a collateralized loan obligation (the “CLO”) through its indirect wholly owned subsidiaries, GS REFT 2026-FL1 Issuer, Ltd. as issuer (the “Issuer”), and GS REFT 2026-FL1 Co-Issuer, LLC as co-issuer (the “Co-Issuer” and, together with the Issuer, the “Co-Issuers”). On the CLO Closing Date, the Co-Issuers co-issued six classes of offered notes, the Class A Notes, the Class A-S Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes (collectively, the “Offered Notes”), and the Issuer issued two additional classes of non-offered notes, the Class F Notes and the Class G Notes (together with the Offered Notes, the “Notes”), each in the principal amount and having the characteristics and designations set forth in the table below.

Comparable filing

Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch, or collectively, the lenders, pursuant to which Mountain JV obtained, in aggregate, a $1.62 billion loan secured by 90 of its properties, or the Loan . Also on May 8, 2026, we entered into a guaranty in favor of the lenders, pursuant to which we guaranteed certain limited

This filing

On March 31, 2026 (the “CLO Closing Date”), Goldman Sachs Real Estate Finance Trust Inc (the “Company”) entered into a collateralized loan obligation (the “CLO”) through its indirect wholly owned subsidiaries, GS REFT 2026-FL1 Issuer, Ltd. as issuer (the “Issuer”), and GS REFT 2026-FL1 Co-Issuer, LLC as co-issuer (the “Co-Issuer” and, together with the Issuer, the “Co-Issuers”). On the CLO Closing Date, the Co-Issuers co-issued six classes of offered notes, the Class A Notes, the Class A-S Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes (collectively, the “Offered Notes”), and the Issuer issued two additional classes of non-offered notes, the Class F Notes and the Class G Notes (together with the Offered Notes, the “Notes”), each in the principal amount and having the characteristics and designations set forth in the table below.

Comparable filing

Repo Rate Average; and for Australian‐dollar advances, Bank Bill Swap Rate), in each case subject to a 0.25% floor. The initial facility amount of the Credit Facility is $100 million, with an accordion feature that permits increases, with the consent of the facility agent and the lenders, up to an aggregate commitment of $500 million. The Credit Facility has

This filing

On March 31, 2026 (the “CLO Closing Date”), Goldman Sachs Real Estate Finance Trust Inc (the “Company”) entered into a collateralized loan obligation (the “CLO”) through its indirect wholly owned subsidiaries, GS REFT 2026-FL1 Issuer, Ltd. as issuer (the “Issuer”), and GS REFT 2026-FL1 Co-Issuer, LLC as co-issuer (the “Co-Issuer” and, together with the Issuer, the “Co-Issuers”). On the CLO Closing Date, the Co-Issuers co-issued six classes of offered notes, the Class A Notes, the Class A-S Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes (collectively, the “Offered Notes”), and the Issuer issued two additional classes of non-offered notes, the Class F Notes and the Class G Notes (together with the Offered Notes, the “Notes”), each in the principal amount and having the characteristics and designations set forth in the table below.

Comparable filing

On May 8, 2026, Live Nation VenueCo, LLC (“VenueCo”), a bankruptcy-remote, special purpose vehicle owned by certain bankruptcy-remote, special purpose entities (the “Participants”), which are indirect subsidiaries of Live Nation Entertainment, Inc. (the “Company”), closed its previously announced issuance of €610 million aggregate principal amount of fixed rate senior secured notes (the “Notes”).