secwatch.observer — SEC 8-K summary
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Issuer:     Granite Point Mortgage Trust Inc. (GPMT)
CIK:        0001703644
Form:       8-K
Filed at:   2026-06-30T20:15:35+00:00
Accession:  0001703644-26-000023
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703644/000170364426000023/0001703644-26-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703644/000170364426000023/gpmt-20260626.htm
  HTML page:      https://secwatch.observer/filing/0001703644-26-000023

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