TPG RE Finance Trust Closes $400 Million Term Loan B, $100 Million Revolving Credit Facility

MT Newswires Live

05/15

TPG RE Finance Trust (TRTX) said late Thursday it closed on a term loan B for an aggregate principal amount of $400 million due 2033 and a $100 million revolving credit facility due 2031.

It plans to use net proceeds from the term loan B and revolving credit facility to repay outstanding debt, including partially funding the redemption of its TRTX 2022-FL5 collateralized loan obligation, and for general corporate purposes, the company said.

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