Company: ARI
Filing Date: 2025-02-10
Form Type: 10-K
Source: 0000950170-25-017122
Chunk: 149

Company: Apollo Commercial Real Estate Finance, Inc.
Filing Date: 2025-02-10
Form: 10-K
Item: Item 8
Chunk 149
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ities by currency for the assets financed under the Barclays Private Securitization as of December 31, 2023 ($ in thousands): 

        BorrowingsOutstanding(1)

        Fully-ExtendedMaturity(2)

        Total/Weighted-Average GBP

        1,234,740

        June 2026

        Total/Weighted-Average EUR

        723,947

        May 2026(3)

        Total/Weighted-Average SEK

        198,470

        May 2026

        Total/Weighted-Average Securitization
         
        $
        2,157,157

        June 2026
       
       (1)As of December 31, 2023, we had £969.9 million, €655.8 million, and kr$2.0 billion of borrowings outstanding under the Barclays Private Securitization secured by certain of our commercial mortgage loans.(2)Assumes underlying loans extend to fully extended maturity and extensions at our option are exercised.(3)The EUR portion of the Barclays Private Securitization has an "evergreen" feature such that the facility continues for one year and can be terminated by either party on certain dates with, depending on the date of notice, a minimum of nine to twelve months' notice.The table below provides the assets and liabilities of the Barclays Private Securitization VIE included in our consolidated balance sheets ($ in thousands): 

        December 31, 2024

        December 31, 2023

        Assets:

        Cash
         
        $
        150

        $
        924

        Commercial mortgage loans, net(1)

        2,171,277

        2,903,186

        Other Assets(2)

        29,179

        41,180

        Total Assets
         
        $
        2,200,606

        $
        2,945,290

        Liabilities:

        Secured debt arrangements, net (net of deferred financing costs of $1.1 million and $2.0 million in 2024 and 2023, respectively)
         
        $
        1,586,680

        $
        2,155,197

        Accounts payable, accrued expenses and other liabilities(3)(4)

        10,519

        9,083

        Total Liabilities