secwatch / observer
8-K filed October 6, 2023, 7:59 PM ET ticker STHO CIK 0001953366
debt confidence high sentiment neutral materiality 0.55

Star Holdings amends margin loan and term loan to ease collateral triggers and allow prepayments

Star Holdings

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Star Holdings amended Term Loan Credit Agreement with Safehold valued at Amendment allows Star Holdings to access $25 million incremental facility and removes interest in ki (effective 2023-10-04).

Action
amendment
Agreement
credit facility
Counterparty
Safehold
Value
Amendment allows Star Holdings to access $25 million incremental facility and removes interest in ki
Effective
2023-10-04
Exact text from the filing
On October 4, 2023, Star Holdings, as borrower, entered into an amendment to its previously-disclosed term loan credit agreement, dated March 31, 2023, with Safehold, as lender.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Star Holdings amended Margin Loan Agreement with Morgan Stanley Bank, N.A. valued at Amendment reduces floor price from $14.00 to $10.00 and moderately lowers loan-to-value ratios. (effective 2023-10-06).

Action
amendment
Agreement
credit facility
Counterparty
Morgan Stanley Bank, N.A.
Value
Amendment reduces floor price from $14.00 to $10.00 and moderately lowers loan-to-value ratios.
Effective
2023-10-06
Exact text from the filing
On October 6, 2023, STAR Investment Holdings SPV LLC, a wholly-owned subsidiary of Star Holdings ("STAR SPV"), as borrower, entered into an amendment to its previously-disclosed margin loan agreement, dated March 31, 2023, with Morgan Stanley Bank, N.A., as initial lender.
View on SEC.gov

281 material agreements filed in the last 30 days. Browse all material agreements →

Star Holdings filing history →

Source: SEC EDGAR
accession 0001104659-23-107353
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