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Franklin BSP Realty Trust, Inc. Announces Pricing of an $880.4 Million Managed CRE CLO

AI Briefing

  • Franklin BSP Realty Trust, Inc. announces $880.4 million managed CRE CLO with 30-month reinvestment period.
  • The transaction features an initial advance rate of 88.375% and weighted average interest cost of 1M CME Term SOFR+1.76%.
  • The transaction is expected to settle on April 15, 2026.
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