TPG RE Finance Trust prices stock offering

TPG RE Finance Trust (NYSE:TRTX) prices 6M common stock for total gross proceeds of $119.4M or $137.3M if underwriters exercise their full option to purchase additional 0.9M shares.

Closing date is March 19.

Net proceeds from the offering will be used to originate or acquire loans, for working capital and other general corporate purposes.

Shares -3.5% PM

Press Release