Item 1.01 Entry into a Material Definitive Agreement.
OnOctober 7, 2022 ,CMFT RE Lending RF Sub BB, LLC ("Lender Sub"), an indirect wholly owned subsidiary ofCIM Real Estate Finance Trust, Inc. (the "Company"), entered into the Third Amendment to Master Repurchase Agreement (the "Third Amended MRA") with Barclays Bank PLC ("Barclays") to amend that certain Master Repurchase Agreement, datedSeptember 21, 2020 , by and between Barclays and Lender Sub, and acknowledged by the Company (the "Repurchase Agreement"), which provides financing for certain eligible assets of the Lender Sub and advances to the Lender Sub (the "Repurchase Facility"), as described in a Current Report on Form 8-K filed by the Company with theSecurities and Exchange Commission ("SEC") onSeptember 24, 2020 , as such Repurchase Agreement was amended onJuly 27, 2021 andFebruary 23, 2022 , as discussed in a Current Report on Form 8-K filed by the Company with theSEC onAugust 2, 2021 andMarch 1, 2022 , respectively. The Third Amended MRA, among other things, extends the current facility termination date toSeptember 22, 2025 . Other than the modified terms described above, the material terms of the Repurchase Agreement and the Repurchase Facility, as previously amended, remain unchanged. The Third Amended MRA contains representations, warranties, covenants and conditions precedent that are customary for agreements of these types. The foregoing summary of the Third Amended MRA does not purport to be a complete description and is qualified in its entirety by the full text of the Third Amended MRA, which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
The information set forth under Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference into this Item 2.03 in its entirety.
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Third Amendment To Master Repurchase Agreement,
dated
and betweenCMFT RE Lending RF Sub BB, LLC and
Barclays Bank PLC.
104 Cover Page Interactive Data File (embedded within
the Inline XBRL document).
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