CIM Real Estate Finance Trust pays down $397.5M, cuts credit facility to $18M

CIM REAL ESTATE FINANCE TRUST, INC.

Facility amount reduced to $18.0M after $397.5M paydown; $18.0M outstanding as of Aug 29.
Waived defaults related to sale of collateral under the credit agreement.
Minimum equity amount lowered from $15M to $5M; reinvestment period ended Aug 29.
Allowed $80.5M restricted payment to equityholder from proceeds of collateral sale.

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