Claros Mortgage Trust, Inc. Announces $500 Million Secured Term Loan Credit Facility
Claros Mortgage Trust, Inc. (CMTG)
Company Research
Source: Business Wire
Proceeds Used to Repay Secured Term Loan B with August 2026 Maturity NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced the closing of a $500.0 million, four-year secured term loan credit facility provided by investment funds and accounts managed by HPS Investment Partners, LLC (“HPS”). The term loan credit facility has an annual variable rate of SOFR plus 675 basis points and may be prepaid at any time, subject to certain conditions. Net proceeds from the closing, together with cash on hand, were used to fully retire the Company’s $556.2 million Term Loan B which had a maturity date of August 9, 2026.As part of this financing, CMTG has issued 10-year detachable warrants to purchase an aggregate of 7,542,227 shares of its common stock, par value $0.01 per share, at an exercise price of $4.00 per share (subject to certain potential adjustments). The warrant exercise price represents an approximately 46% premium to the closin
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News
- Claros Mortgage Trust, Inc. Announces Dates for Fourth Quarter 2025 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Claros Mortgage Trust, Inc. Announces Dates for Fourth Quarter 2025 Earnings Release and Conference CallBusiness Wire
- Claros Mortgage Trust, Inc. Announces $500 Million Secured Term Loan Credit Facility [Yahoo! Finance]Yahoo! Finance
- Claros Mortgage Trust (NYSE:CMTG) had its price target lowered by analysts at Keefe, Bruyette & Woods from $3.25 to $3.00. They now have an "underperform" rating on the stock.MarketBeat
- Claros Mortgage Trust: 75% Discount To Book Could Narrow On Expansion Of Cash [Seeking Alpha]Seeking Alpha
CMTG
Earnings
- 11/5/25 - Miss
CMTG
Analyst Actions
- 11/14/25 - UBS
CMTG
Sec Filings
- 2/2/26 - Form 8-K
- 1/6/26 - Form 4
- 1/6/26 - Form 4
- CMTG's page on the SEC website