secwatch.observer — SEC 8-K summary
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Issuer:     TPG RE Finance Trust, Inc. (TRTX)
CIK:        0001630472
Form:       8-K
Filed at:   2026-05-14T21:53:45+00:00
Accession:  0001193125-26-224430
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630472/000119312526224430/0001193125-26-224430-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630472/000119312526224430/d943461d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-224430

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