Granite Point amends JPMorgan repurchase facility: maturity to June 2024, max amount $350M

Granite Point Mortgage Trust Inc.

Amendment extends maturity to June 28, 2024, with option for 364-day extension to June 28, 2025.
Maximum facility amount adjusted to $350 million; previously lower amount not disclosed.
Facility is uncommitted; JPMorgan Chase Bank as buyer; Granite Point subsidiary as seller.
Subsequent condition requires delivery of bankruptcy safe harbor legal opinion within 10 business days.
Granite Point Mortgage Trust acknowledges continued guarantee of obligations.

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