Granite Point raises JPMorgan repurchase facility maximum to $727.0 million
Granite Point Mortgage Trust amended its repurchase facility with JPMorgan Chase Bank, N.A., raising the maximum facility amount to $727.0 million. The amendments also change principal payment mechanics for certain newly added purchased assets and modify the facility's Minimum Interest Expense Coverage Ratio covenant, and the filing says those assets were previously financed under facilities with Citibank and Morgan Stanley Bank.
Key points
- Maximum facility amount increased to $727.0 million under the amended master repurchase agreement with JPMorgan Chase Bank, N.A.
- Facility amendments dated September 30, 2026, amending agreements dated July 31, 2026 (master repurchase agreement) and July 28, 2026 (guarantee agreement).
- Amendments modify the principal payment waterfall for newly added purchased assets and the Minimum Interest Expense Coverage Ratio covenant.
- Newly added purchased assets were previously financed under repurchase facilities with Citibank, N.A. and Morgan Stanley Bank, N.A.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.