TPG RE Finance Trust prices USD 1 billion commercial real estate CLO

TPG RE Finance Trust priced TRTX 2026-FL8, a USD 1 billion managed commercial real estate collateralized loan obligation.

• About USD 820 million of investment-grade securities are expected to be placed with institutional investors, providing non-mark-to-market, non-recourse term financing.
• The deal includes a 30-month reinvestment period.
• The weighted-average interest rate at issuance is set at Term SOFR + 1.43%.
• Closing is targeted on or around Oct. 2, 2026, subject to customary closing conditions.