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0 0 0 -0.0111607142857144 -0.00781250000000003 -0.0011160714285714 -0.00446428571428582 -0.00558035714285722
Stock impact report

TPG RE Finance Trust, Inc. Announces Pricing of $1.1 Billion Commercial Real Estate CLO

TPG RE Finance Trust, Inc. (TRTX) 
Last tpg re finance trust, inc. earnings: 2/18 08:28 pm Check Earnings Report
US:NYSE Investor Relations: snl.com/irw/corporateprofile/5388379
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the pricing of TRTX 2025-FL7, a $1.1 billion managed Commercial Real Estate Collateralized Loan Obligation ("CRE CLO"). The Company expects approximately $957.0 million of investment grade securities to be placed with institutional investors, providing TRTX with term financing on a non-mark-to-market, non-recourse basis. TRTX 2025-FL7 includes a 30-month reinvestment period, an advance rate of 87.0%, and a weighted average interest rate at issuance of Term SOFR plus 1.67%, before transaction costs. In connection with TRTX 2025-FL7, TRTX is expected to redeem on November 17, 2025 TRTX 2021-FL4, a CRE CLO which currently has approximately $411.5 million of investment grade securities outstanding, subject to any repayments of loans currently held by TRTX 2021-FL4 prior to the TRTX 2025-FL7 settlement date. TRTX 2025-FL7 is expected to close on or around November 17, 2025, subj Show less Read more
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