{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-107353","form_type":"8-K","ticker":"STHO","cik":"0001953366","company_name":"Star Holdings","filed_at":"2023-10-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.451431+00:00","generated_at":"2026-06-10T03:40:02.855717+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Star Holdings amends margin loan and term loan to ease collateral triggers and allow prepayments","bullets":["Margin loan floor price reduced to $10.00 from $14.00; LTV trigger lowered to 42.5%.","Outstanding margin loan balance $90M (Oct 5); term loan balance $115M (Oct 4).","Term loan amendment enables $25M incremental facility for margin loan prepayments; PIK interest eliminated.","Voluntary prepayment of $2.39M on margin loan using July 2023 dividend proceeds.","Both loans secured by Safehold Inc. shares; amendments effective Oct 4 and Oct 6, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-107353","json":"https://secwatch.observer/filing/0001104659-23-107353.json","markdown":"https://secwatch.observer/filing/0001104659-23-107353.md","text":"https://secwatch.observer/filing/0001104659-23-107353.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1953366/000110465923107353/0001104659-23-107353-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1953366/000110465923107353/tm2327916d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T03:40:02.855717+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3507e4a87e6045c11ff20fbd68e4f5a5fbb76a2c","claim":"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).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1953366/000110465923107353/0001104659-23-107353-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Safehold"},{"label":"Value","value":"Amendment allows Star Holdings to access $25 million incremental facility and removes interest in ki"},{"label":"Effective","value":"2023-10-04"}],"fact_type":"material_agreement"},{"claim_id":"eab96c630a65bb2419d2bc2c2221cd2197624fdf","claim":"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).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1953366/000110465923107353/0001104659-23-107353-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Morgan Stanley Bank, N.A."},{"label":"Value","value":"Amendment reduces floor price from $14.00 to $10.00 and moderately lowers loan-to-value ratios."},{"label":"Effective","value":"2023-10-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}