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:   2021-12-29T23:59:59+00:00
Accession:  0001498547-21-000160
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CIM Real Estate Finance Trust amends repurchase agreement with Deutsche Bank to replace LIBOR with Term SOFR
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- Amended and restated master repurchase agreement dated Dec. 23, 2021 between subsidiary CMFT RE Lending RF Sub DB, LLC and Deutsche Bank AG, New York Branch.
- Interest rate provisions modified to allow advances based on one-month Term SOFR plus spread; existing LIBOR advances converted to Term SOFR plus spread adjustment.
- All other material terms of the existing repurchase agreement remain unchanged; guaranty reaffirmed without modification.
- Previous repurchase agreement was reported in a Form 8-K filed on October 14, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1498547/000149854721000160/0001498547-21-000160-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1498547/000149854721000160/cmft-20211223.htm
  HTML page:      https://secwatch.observer/filing/0001498547-21-000160

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