Brief: Claros Mortgage Trust Says Subsidiary Entered Into A Credit Agreement

Claros Mortgage Trust

06/07/2022 21:44

July 6 (Reuters) - Claros Mortgage Trust Inc  CMTG.N :
    * CLAROS MORTGAGE TRUST INC - ON JUNE 29, SUBSIDIARY ENTERED
INTO
A CREDIT AGREEMENT
    * CLAROS MORTGAGE TRUST  - CREDIT AGREEMENT PROVIDES FOR
SECURED
REVOLVING CREDIT FACILITY WITH AGGREGATE SECURED BORROWING
CAPACITY OF UP TO $150.0 MILLION
    * CLAROS MORTGAGE TRUST INC - BORROWER MAY REQUEST
ADDITIONAL
COMMITMENTS FROM LENDERS UNDER CREDIT FACILITY TO INCREASE
COMMITMENTS TO UP TO $500.0 MILLION
    * CLAROS MORTGAGE TRUST INC - CREDIT AGREEMENT HAS AN
INITIAL
MATURITY OF JUNE 29, 2025

Source: (https://bit.ly/3NOOR15)
Further company coverage:  CMTG.N 

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