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:   2022-06-29T23:59:59+00:00
Accession:  0001498547-22-000053
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CMFT amends credit facility: extends reinvestment, adds Broadly Syndicated/Middle Market/Private Credit loans
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- Interest rate modified to one-month Term SOFR plus spread based on loan type.
- Eligible collateral expanded to include Broadly Syndicated Loans, Middle Market Loans, and Private Credit Loans.
- Reinvestment Period extended to three years from June 23, 2022.
- Outstanding borrowings of $521.5M as of amendment date; no events of default.
- Amendment also updates representations, warranties, and conditions for new loan types.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1498547/000149854722000053/0001498547-22-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1498547/000149854722000053/cmft-20220623.htm
  HTML page:      https://secwatch.observer/filing/0001498547-22-000053

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