secwatch.observer — SEC 8-K summary
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Issuer:     Granite Point Mortgage Trust Inc. (GPMT)
CIK:        0001703644
Form:       8-K
Filed at:   2025-10-17T23:59:59+00:00
Accession:  0001703644-25-000127
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GPMT extends JPMorgan repurchase facility termination date to April 2026
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- Amendment No. 13 to Master Repurchase Agreement extends Additional Advance Termination Date to April 12, 2026.
- Granite Point paid a $471,000 amendment fee and added new eligible assets as Purchased Assets.
- Guaranty Amendment requires GPMT to maintain a $10M liquidity account while any Additional Advances are outstanding.
- GPMT agrees to limit new corporate-level recourse borrowing exceeding $50M unless proceeds repay Additional Advances.
- Amendment includes a Re-Draw Amount provision and clarifies repayment mechanics for Additional Advances.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703644/000170364425000127/0001703644-25-000127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703644/000170364425000127/gpmt-20251014.htm
  HTML page:      https://secwatch.observer/filing/0001703644-25-000127

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