CIM Real Estate Finance Trust increases Wells Fargo repurchase facility from $250M to $580M

CIM REAL ESTATE FINANCE TRUST, INC.

Maximum financing amount raised from $250M to $580M under amended master repurchase agreement with Wells Fargo.
Amendment dated October 28, 2021; includes new Preferred Equity Related Pledge and Security Agreement.
Guarantor and pledgors reaffirm obligations; no novation, existing security interests preserved.
Company represents no event of default exists; all customary representations and warranties reaffirmed.
Amendment also adds benchmark rate transition provisions (LIBOR replacement) to the agreement.

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