Granite Point Mortgage Trust amends repurchase facilities with Morgan Stanley and Citibank

Granite Point Mortgage Trust Inc.

Morgan Stanley facility termination extended to June 28, 2027; payment waterfall mechanics adjusted.
Minimum Tangible Net Worth covenant set at $450 million for both Morgan Stanley and Citibank facilities.
Unrestricted Cash covenant set at $20 million for Morgan Stanley; for Citibank, greater of $20M or 5% of Recourse Indebtedness.
Citibank amendment modifies financial covenants in the Amended and Restated Guaranty dated May 25, 2022.

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