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:   2021-10-08T23:59:59+00:00
Accession:  0001498547-21-000106
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CIM Real Estate Finance Trust subsidiary expands credit facility to up to $550M
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- Amendment No. 2 to Credit and Security Agreement increases available borrowings to $550M from previous amount.
- Citibank, N.A. remains administrative agent and lender; facility is revolving credit with Citi.
- As of Oct 4, 2021, $406.5M was outstanding, leaving ~$143.5M unused capacity.
- Borrower is bankruptcy-remote subsidiary CMFT Corporate Credit Securities, LLC.
- Amendment includes customary representations and fees; no defaults continuing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1498547/000149854721000106/0001498547-21-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1498547/000149854721000106/cmft-20211004.htm
  HTML page:      https://secwatch.observer/filing/0001498547-21-000106

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