debt
confidence high
sentiment neutral
materiality 0.50
Granite Point Mortgage Trust amends Morgan Stanley repurchase facility; extends to June 2025, max $250M
Granite Point Mortgage Trust Inc.
- Thirteenth Amendment to Master Repurchase Agreement with Morgan Stanley Bank, N.A.
- Facility termination date extended to June 28, 2025.
- Maximum facility amount adjusted to $250 million.
- Payment waterfall provisions modified per amendment.
- Guarantor Granite Point Mortgage Trust reaffirms obligations under Guaranty.