---
schema_version: "secwatch.filing_event.v1"
accession: "0001498547-22-000060"
form_type: "8-K"
ticker: "CMRF"
cik: "0001498547"
company_name: "CIM REAL ESTATE FINANCE TRUST, INC."
filed_at: "2022-07-21T23:59:59+00:00"
generated_at: "2026-06-24T09:57:18.340270+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CIM Real Estate Finance Trust enters $300M credit facility, terminates prior $425M facility

## Summary
- New $300M facility includes $100M term loan and $200M revolver with $30M L/C subfacility, maturing July 15, 2025.
- Proceeds used to pay down $212.5M outstanding under prior $425M facility, which was terminated early before Sept 6, 2022 maturity.
- Interest rates tied to adjusted leverage ratio; term benchmark rate ranges from 1.50% to 2.375% plus SOFR-based rate.
- Company and certain subsidiaries guarantee obligations; equity interests in property-owning subsidiaries pledged as collateral.
- Facility replaces existing credit agreement with JPMorgan Chase and other lenders, extending maturity by nearly three years.

## SEC filing metadata
- accession: 0001498547-22-000060
- form_type: 8-K
- ticker: CMRF
- cik: 0001498547
- company_name: CIM REAL ESTATE FINANCE TRUST, INC.
- filed_at: 2022-07-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498547/000149854722000060/0001498547-22-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498547/000149854722000060/cmft-20220715.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001498547-22-000060
- JSON: https://secwatch.observer/filing/0001498547-22-000060.json
- Plain text: https://secwatch.observer/filing/0001498547-22-000060.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.