Lument Finance Trust Prices $664 Million Commercial Real Estate CLO

Reuters11-22
<a href="https://laohu8.com/S/LFT">Lument Finance Trust</a> Prices $664 Million Commercial Real Estate CLO

Lument Finance Trust Inc. (NYSE: LFT) announced the pricing of LMNT 2025-FL3, a $663.8 million managed Commercial Real Estate Collateralized Loan Obligation (CRE-CLO). Approximately $585.0 million of investment grade securities from this issuance are expected to be placed with institutional investors, providing term financing on a non-mark-to-market, non-recourse basis. LMNT 2025-FL3 features a 30-month reinvestment period, an advance rate of 88.1%, and a weighted average interest rate at issuance of Term SOFR plus 1.91%, before transaction costs. The transaction is expected to close on or around December 10, 2025, subject to customary closing conditions. Additionally, on November 18, 2025, Lument redeemed LFT 2021-FL1, a CRE-CLO with $436.4 million of investment grade securities outstanding at the time of redemption. J.P. Morgan Securities LLC is acting as sole structuring agent, lead manager, and sole bookrunner, with Citizens JMP Securities, LLC as co-manager.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lument Finance Trust Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY31280) on November 21, 2025, and is solely responsible for the information contained therein.
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