trending Market Intelligence /marketintelligence/en/news-insights/trending/7pz5hquppapchdmj04xx5w2 content
Log in to other products

Login to Market Intelligence Platform

 /

Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Granite Point Mortgage Trust closes $826M commercial real estate CLO

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


Granite Point Mortgage Trust closes $826M commercial real estate CLO

Granite Point Mortgage Trust Inc. has closed an $826 million commercial real estate collateralized loan obligation.

GPMT 2018-FL1 has an initial advance rate of about 80% and a weighted average interest rate at issuance of London Interbank Offered Rate plus 1.27%.

Proceeds from the CLO issuance were used to repay a portion of the outstanding balances on its financing facilities. They will also be used to fund new loan investments. The CLO financed 25 of the company's existing first mortgage loan investments.

Wells Fargo Securities served as sole structuring agent, co-lead manager and joint book runner. Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC served as co-lead managers and joint book runners.