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

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.
TPG RE Finance Trust, Inc. (NYSE: TRTX) has closed TRTX 2025-FL7, a $1.1 billion managed Commercial Real Estate Collateralized Loan Obligation (CRE CLO). The company placed approximately $957.0 million of investment grade securities with institutional investors, providing term financing on a non-mark-to-market, non-recourse basis. TRTX 2025-FL7 features 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 this issuance, TRTX intends to redeem on November 18, 2025, TRTX 2021-FL4, a CRE CLO with approximately $411.5 million of investment grade securities outstanding. The issuance and subsequent redemption are expected to produce net cash proceeds of approximately $58.5 million for investment and other corporate purposes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TPG RE Finance Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-290710), on November 21, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here

