
CIM Real Estate Finance Trust Updates Multiple Financing Agreements With Major Lenders

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CIM Real Estate Finance Trust has updated multiple financing agreements with major lenders, including a Second Amendment to its Loan and Security Agreement, extending the revolving period to February 6, 2029, and reducing pricing to SOFR plus 2.10%. The company also amended its collateral management agreement and updated its fee letter with Ally Bank. These changes are expected to enhance liquidity flexibility, lower borrowing costs, and simplify administration.
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