debt
confidence high
sentiment neutral
materiality 0.20
CIM Real Estate Finance Trust extends Barclays repurchase facility to Sept 2024, pays $500K fee
CIM REAL ESTATE FINANCE TRUST, INC.
- Amended Barclays Master Repurchase Agreement extends maturity to September 20, 2024.
- Subsidiary CMFT RE Lending RF Sub BB paid $500,000 extension fee plus all Barclays costs.
- Amendment modifies the existing repurchase agreement dated September 21, 2020.
- Standard representations, warranties, and covenants unchanged.