Claros Mortgage Trust Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Item 1.01. Entry into a Material Definitive Agreement.
On April 30, 2025, CMTG WF Finance LLC, a subsidiary of Claros Mortgage Trust, Inc., entered into that certain Amendment No. 4 to Master Repurchase and Securities Contract with Wells Fargo Bank, National Association. The amendment, among other things, decreased the maximum facility amount to $500.0 million, extended the facility maturity date to April 30, 2026, and provided for two one-year options to further extend the facility maturity date to April 30, 2028.
The foregoing description of this amendment is only a summary of certain material provisions and is qualified in its entirety by reference to a copy of such amendment, which is filed herewith as Exhibit 10.1 and by this reference incorporated herein.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off Balance Sheet Arrangement of a Registrant.
The information required by Item 2.03 contained in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
10.1* |
Amendment No. 4 to Master Repurchase and Securities Contract by and between CMTG WF Finance LLC and Wells Fargo Bank, National Association, dated as of April 30, 2025 |
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104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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Filed herewith |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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CLAROS MORTGAGE TRUST, INC. |
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Date: |
May 5, 2025 |
By: |
/s/ J. Michael McGillis |
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J. Michael McGillis |