secwatch.observer — SEC 8-K summary
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Issuer:     FS Credit Real Estate Income Trust, Inc. (—)
CIK:        0001690536
Form:       8-K
Filed at:   2025-02-21T23:59:59+00:00
Accession:  0001104659-25-016198
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FS Credit Real Estate closes $1.02B CLO issuance of nine classes of notes
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- CLO issued $1,021.8M in notes across nine classes; Class A $579.9M rated Aaa/AAA (Moody's/Fitch).
- Class H $75.4M unrated, retained by indirect wholly-owned subsidiary of the Company.
- Proceeds used to purchase collateral, repay prior financings including repurchase facilities.
- Notes mature August 2042; interest on Class A is Term SOFR + 1.385% (plus step-up after Dec 2030).
- Minimum par value test ratio set at 112.48%; interest coverage test at 120%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690536/000110465925016198/0001104659-25-016198-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690536/000110465925016198/tm257306d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-016198

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