debt
confidence high
sentiment negative
materiality 0.65
FS Credit Real Estate Income Trust, Inc.: debt financing — FS Credit Real Estate Income Trust amends repurchase facility, reducing maximum from $437M to $213M
FS Credit Real Estate Income Trust, Inc.
- Maximum facility amount reduced from $437,118,101 to $213,428,356.74 effective March 26, 2025.
- Future funding advances now subject to Wells Fargo's sole and absolute discretion; previous conditions modified.
- Guarantor FS Credit Real Estate Income Trust, Inc. reaffirms its obligations under the guarantee agreement.
- Pledgor FS CREIT Finance Holdings LLC confirms security interests and liens remain in full force.