---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-224430"
form_type: "8-K"
ticker: "TRTX"
cik: "0001630472"
company_name: "TPG RE Finance Trust, Inc."
filed_at: "2026-05-14T21:53:45+00:00"
generated_at: "2026-05-15T10:05:33.421108+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TPG RE Finance Trust closes $400M Term Loan B and $100M revolver due 2033/2031

## Summary
- Term Loan B: $400M, matures May 2033, priced at 99.75%, interest at Term SOFR plus 275 bps.
- Revolving Credit Facility: $100M, matures May 2031, interest at Term SOFR plus 200 bps.
- Proceeds to repay outstanding debt, including partial redemption of TRTX 2022-FL5 CLO.
- Obligations guaranteed by certain subsidiaries and secured by substantially all assets on a first-priority basis.
- Financial covenants include max total debt-to-assets 83.333%, min interest coverage 1.30x, min liquidity $15M.

## SEC filing metadata
- accession: 0001193125-26-224430
- form_type: 8-K
- ticker: TRTX
- cik: 0001630472
- company_name: TPG RE Finance Trust, Inc.
- filed_at: 2026-05-14T21:53:45+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630472/000119312526224430/0001193125-26-224430-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630472/000119312526224430/d943461d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-224430
- JSON: https://secwatch.observer/filing/0001193125-26-224430.json
- Plain text: https://secwatch.observer/filing/0001193125-26-224430.txt

## Key facts
- Debt Financings
  TPG RE Finance Trust, Inc. incurred credit facility of $400,000,000 with Wells Fargo Bank, N.A. at 2.75% plus the secured overnight financing rate ("Term SOFR") or 1.75% plus a ba maturing May 14, 2033.
  - Instrument: credit facility
  - Principal: $400,000,000
  - Counterparty: Wells Fargo Bank, N.A.
  - Rate: 2.75% plus the secured overnight financing rate ("Term SOFR") or 1.75% plus a ba
  - Maturity: May 14, 2033
  - Event: incurrence
  source text: term loans in an aggregate principal amount of $400,000,000 (collectively, the “Term Loan B”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630472/000119312526224430/0001193125-26-224430-index.htm
- Debt Financings
  TPG RE Finance Trust, Inc. incurred revolving credit of $100,000,000 with Wells Fargo Bank, N.A. at 2.00% plus Term SOFR or 1.00% plus the Base Rate maturing May 14, 2031.
  - Instrument: revolving credit
  - Principal: $100,000,000
  - Counterparty: Wells Fargo Bank, N.A.
  - Rate: 2.00% plus Term SOFR or 1.00% plus the Base Rate
  - Maturity: May 14, 2031
  - Event: incurrence
  source text: a revolving credit facility (the “Revolving Credit Facility” and, together with the Term Loan B, the “Facilities”) in an aggregate principal amount of $100,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630472/000119312526224430/0001193125-26-224430-index.htm
- Material Agreements
  TPG RE Finance Trust, Inc. entered into Credit Agreement with Wells Fargo Bank, N.A., as administrative agent and collateral agent, and certain other lenders and issuing banks valued at term loans in an aggregate principal amount of $400,000,000 and a revolving credit facility in an ag (effective 2026-05-14).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, N.A., as administrative agent and collateral agent, and certain other lenders and issuing banks
  - Value: term loans in an aggregate principal amount of $400,000,000 and a revolving credit facility in an ag
  - Effective: 2026-05-14
  source text: On May 14, 2026 (the “Closing Date”), TPG RE Finance Trust, Inc. (the “Company”), as borrower, entered into a Credit Agreement (the “Credit Agreement”) with Wells Fargo Bank, N.A. (“Wells Fargo”), as administrative agent and collateral agent (in such capacities, the “Agent”), and certain other lenders and issuing banks named therein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630472/000119312526224430/0001193125-26-224430-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.