CMFT Corporate lifts revolver to up to $550 million with amendment

Chicago, Oct. 8 – CMFT Corporate Credit Securities LLC, an indirect wholly owned, bankruptcy-remote subsidiary of CIM Real Estate Finance Trust Inc., amended its revolving credit facility to increase the size to $550 million, according to an 8-K filed with the Securities and Exchange Commission on Tuesday.

As of Oct. 4, the company has about $406.5 million outstanding under the revolver.

Citibank is the administrative agent on the deal.

Other than the modified terms described above, the material terms of the credit and security agreement remain unchanged.

CIM is a real estate investment trust that primarily owns and operates a diversified portfolio of commercial real estate assets consisting of net leased properties.

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