TPG RE Finance Trust, Inc. Closes $1.0 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”) announced today the closing of TRTX 2018-FL2, a $1.0 billion managed Commercial Real Estate Collateralized Loan Obligation ("CRE CLO") with a 24-month reinvestment period. The Company placed $795.1 million of investment grade bonds with third party institutional investors. The CRE CLO financed 25 existing TRTX first mortgage loan investments, comprising 23 pari passu participation interests and two whole loans. TPG RE Finance Trust Management, L.P., TRTX’s external manager, is the collateral manager for the CRE CLO. TRTX 2018-FL2 has an advance rate of 79.5% and a weighted average interest rate at issuance of LIBOR plus 1.45% before transaction costs. Proceeds will be used to retire borrowings under certain of the Company’s secured credit facilities and to fund new first mortgage loan investments. Greta Guggenhe
Show less
Read more
Impact Snapshot
Event Time:
TRTX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TRTX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TRTX alerts
High impacting TPG RE Finance Trust, Inc. news events
Weekly update
A roundup of the hottest topics
TRTX
News
- TPG RE Finance Trust, Inc. Announces First Quarter 2024 Earnings Release and Conference Call Dates [Yahoo! Finance]Yahoo! Finance
- TPG RE Finance Trust, Inc. Announces First Quarter 2024 Earnings Release and Conference Call DatesBusiness Wire
- Three REITs With New Downgrades This Week [Yahoo! Finance]Yahoo! Finance
- TPG RE Finance Trust, Inc. (NYSE: TRTX) was downgraded by analysts at Raymond James from a "strong-buy" rating to an "outperform" rating. They now have a $8.50 price target on the stock.MarketBeat
- TPG RE Finance Trust, Inc. (NYSE: TRTX) had its price target raised by analysts at JPMorgan Chase & Co. from $7.00 to $7.50. They now have a "neutral" rating on the stock.MarketBeat
TRTX
Earnings
- 2/20/24 - Beat
TRTX
Sec Filings
- 4/3/24 - Form ARS
- 4/3/24 - Form DEFA14A
- 4/3/24 - Form DEF
- TRTX's page on the SEC website