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Blackstone Mortgage Trust amends master repurchase, securities contract

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Blackstone Mortgage Trust amends master repurchase, securities contract

BlackstoneMortgage Trust Inc. and a special purpose wholly owned subsidiaryhave amended a master repurchase and securities contract with Wells Fargo BankNA to increase the facility amount to $2.0 billion from $1.0 billion.

Also, certain special purpose wholly owned subsidiaries ofthe company and Wells Fargo amended a master repurchase and securities contractto increase the facility amount for U.S. dollar borrowings by $125.0 million, amongother things. The facility was originally entered into in connection withBlackstone's acquisition of a portfolio of commercial mortgage loans fromGeneral Electric CapitalCorp. and certain of its affiliates. The increase in the facilityamount is designed to provide for additional advances that may be made byBlackstone in connection with modifications and upsizes of loans in the loanportfolio.