Lument Finance Trust Acquisition | Financial Services Deal in NY

Lument Finance Trust acquisition: Lument Finance Trust, Inc. has completed the acquisition of Lument Finance Trust, a financial services other business in New York, for $2,250,000. The credit and guaranty structure supports incremental term loans for Lument Finance Trust’s financing needs, with borrower and guarantor entities including Lument Finance Trust, Inc. and Five Oaks Acquisition Corp. and Lument CMT Equity, LLC. The financial services M&A arrangement is documented as a sixth amendment to an existing credit agreement and adds a second incremental term facility of $2.25 million. The other acquisition is announced and sized under $10 million, reflecting lender participation through second incremental term lenders and agent roles for administrative and collateral management.