secwatch.observer — SEC 8-K summary
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Issuer:     CIM REAL ESTATE FINANCE TRUST, INC. (CMRF)
CIK:        0001498547
Form:       8-K
Filed at:   2021-08-23T23:59:59+00:00
Accession:  0001498547-21-000048
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CIM Real Estate Finance Trust secures up to $400M repurchase facility from Citi, extended to August 2024
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- First Amendment to Master Repurchase Agreement with Citibank provides up to $400M in financing.
- Maturity date extended to August 17, 2024.
- Amendment updates benchmark rate definitions from LIBOR to SOFR-based rates.
- Subsidiary CMFT RE Lender RF Sub CB, LLC is seller; CIM Real Estate Finance Trust is guarantor.
- Effective date August 17, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1498547/000149854721000048/0001498547-21-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1498547/000149854721000048/cmft-20210817.htm
  HTML page:      https://secwatch.observer/filing/0001498547-21-000048

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer