TPTS 8-K
Terra Property Trust, Inc. (TPTS)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 1.01 – Entry into a Material Definitive Agreement
Goldman Sachs Bank Facility
On February 18, 2025, the Company entered into that certain Second Amendment to Uncommitted Master Repurchase and Securities Contract Agreement and Other Transaction Documents (“Second Amendment”), effective December 17, 2024, with Terra Mortgage Capital I, LLC, a Delaware limited liability company and indirect wholly owned subsidiary of the Company, and Goldman Sachs Bank USA, a New York State member bank, pursuant to which, among other things, the facility agreement was amended to extend the facility term and modify the allocation of principal payments and proceeds from asset dispositions.
The description above is only a summary of the material provisions of the Second Amendment and is qualified in its entirety by reference to a copy of such document which will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the period ending March 31, 2025.
Item 2.03 – Creation of a Direct Financial Obligation
The information set forth under Item 1.01 above is incorporated by reference into this Item 2.03.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TERRA PROPERTY TRUST, INC. | ||
| Date: February 20, 2025 | By: | /s/ Gregory Pinkus |
| Name: | Gregory Pinkus | |
| Title: | Chief Financial Officer | |