On March 24, 2026, Ares Commercial Real Estate Corporation (the "Company") announced an amendment to its Master Repurchase Agreement and Securities Contract with Morgan Stanley Bank, N.A. This amendment extends the initial maturity date of the Morgan Stanley Facility to July 16, 2029, with an option for a 12-month extension, contingent upon certain conditions and the payment of an extension fee. Additionally, the facility commitment has been increased from $250 million to $350 million, with the potential for an accordion feature that allows for an increase of up to $400 million, subject to specific conditions including the payment of an upsize fee. This strategic move is expected to enhance the Company's liquidity position and provide greater financial flexibility moving forward.
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