TPG RE Finance Trust, Inc. Announces Tax Treatment of 2017 Dividends

Business Wire

NEW YORK--(BUSINESS WIRE)-- TPG RE Finance Trust, Inc. (NYSE: TRTX) (the “Company”) today announced the tax treatment of its 2017 common stock dividends. The following table summarizes, for tax purposes, the nature of cash dividends paid with respect to TRTX’s common shares for the tax year ended December 31, 2017:


Common Stock (CUSIP # 87266M107)
Record	Payment	Total Distribution	Ordinary Income	Capital Gain	Non-Dividend
Date	Date	Per Share⁽³⁾	Per Share	Per Share	Distributions
12/23/2016 ⁽¹⁾	2/1/2017	$0.3657	$0.3572	$0.0085	$0.0000
3/31/2017	4/25/2017	$0.5425	$0.5298	$0.0127	$0.0000
6/30/2017	7/25/2017	$0.5100	$0.4981	$0.0119	$0.0000
10/6/2017	10/25/2017	$0.3300	$0.3223	$0.0077	$0.0000
12/29/2017 ⁽²⁾	1/25/2018	$0.3800	$0.3711	$0.0089	$0.0000

(1)		A portion of the dividend declared on December 23, 2016 and paid on February 1, 2017 is treated as a 2017 distribution for federal income tax purposes and will be included on the 2017 Form 1099-DIV.

(2)		Pursuant to IRC Section 857(b)(9), cash distributions made on January 25, 2018 with a record date of December 29, 2017 are treated for federal income tax purposes as received by shareholders on December 31, 2017 to the extent of the Company’s 2017 tax earnings and profits.

(3)		A stock dividend of 1.235 per common share was declared for the holders of record as of July 3, 2017, resulting in the issuance of 9,455,083 shares of common stock on July 25, 2017, in conjunction with the closing of Company’s initial public offering (“IPO”) of 11,000,000 shares of common stock. On August 22, 2017 the Company issued an additional 650,000 shares of common stock pursuant to the underwriters’ execution of the overallotment option for the IPO.

Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s dividends. For additional information, please refer to the Investor Relations section of the Company’s website.

ABOUT TRTX

TPG RE Finance Trust, Inc. is a commercial real estate finance company that focuses primarily on originating, acquiring, and managing first mortgage loans and other commercial real estate‐related debt instruments secured by high quality institutional properties located in primary and select secondary markets in the United States. The Company is externally managed by TPG RE Finance Trust Management, L.P., a part of TPG Real Estate, which is the real estate investment platform of TPG Global, LLC (“TPG”). TPG is a leading global alternative investment firm with a 25-year history and approximately $73 billion of assets under management. For more information regarding TRTX, visit www.tpgrefinance.com.