TPG RE Finance Trust Raises $1.1 Billion in Commercial Real Estate CLO

Reuters
2025.11.21 14:01
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TPG RE Finance Trust closed a $1.1 billion Commercial Real Estate CLO, placing $957 million in investment grade securities. The CLO features a 30-month reinvestment period and a weighted average interest rate of Term SOFR plus 1.67%. TRTX plans to redeem a previous CLO, generating $58.5 million for investment purposes.