04:51 PM EST, 11/17/2025 (MT Newswires) -- TPG RE Finance Trust ( TRTX ) reported late Monday it has closed a $1.1 billion managed Commercial Real Estate Collateralized Loan Obligation, or CRE CLO.

The company said it placed $957 million of investment grade securities with institutional investors, securing non-recourse, non-mark-to-market financing.

It also plans to redeem another CRE CLO on Tuesday, with about $411.5 million of investment grade securities outstanding, according to a statement.

The issuance and redemption of the bonds are expected to generate around $58.5 million in net proceeds, the company said.