---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-130884"
form_type: "8-K"
ticker: "LADR"
cik: "0001577670"
company_name: "Ladder Capital Corp"
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:17:36.383213+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ladder Capital enters $725M revolving credit facility, replacing prior $324M facility

## Summary
- New $725M secured revolver matures Dec 20, 2028; up to two 6-month extensions available.
- Interest at SOFR plus 77.5-170 bps (based on credit rating); facility fee 12.5-30 bps.
- Incremental capacity up to $1.25B available; replaced $324M undrawn existing facility.
- Automatic conversion to unsecured facility if investment grade rating achieved by two agencies.

## SEC filing metadata
- accession: 0001104659-24-130884
- form_type: 8-K
- ticker: LADR
- cik: 0001577670
- company_name: Ladder Capital Corp
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1577670/000110465924130884/0001104659-24-130884-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1577670/000110465924130884/tm2431556d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-130884
- JSON: https://secwatch.observer/filing/0001104659-24-130884.json
- Plain text: https://secwatch.observer/filing/0001104659-24-130884.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.