---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-048528"
form_type: "8-K"
ticker: null
cik: "0002035428"
company_name: "Franklin BSP Real Estate Debt, Inc."
filed_at: "2025-05-14T23:59:59+00:00"
generated_at: "2026-05-21T10:52:25.036065+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Franklin BSP Real Estate Debt enters $250M repurchase agreement with Barclays

## Summary
- MRA with Barclays provides up to $250M in advances, matures May 8, 2028, extendable 12 months.
- Initial maturity date May 8, 2028; Seller has option to extend up to 12 months.
- Subsidiary FBRED REIT Real Estate Debt Opco guarantees Seller's obligations under the MRA.
- Agreement contains customary representations, covenants, and financial net worth requirements.

## SEC filing metadata
- accession: 0001104659-25-048528
- form_type: 8-K
- cik: 0002035428
- company_name: Franklin BSP Real Estate Debt, Inc.
- filed_at: 2025-05-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2035428/000110465925048528/0001104659-25-048528-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2035428/000110465925048528/tm2515081d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-048528
- JSON: https://secwatch.observer/filing/0001104659-25-048528.json
- Plain text: https://secwatch.observer/filing/0001104659-25-048528.txt

## Key facts
- Debt Financings
  Franklin BSP Real Estate Debt, Inc. incurred credit facility of $250 million with Barclays maturing May 8, 2028.
  - Instrument: credit facility
  - Principal: $250 million
  - Counterparty: Barclays
  - Maturity: May 8, 2028
  - Event: incurrence
  source text: On May 8, 2025, Franklin BSP Real Estate Debt, Inc. (the “Company”), through its indirect wholly-owned subsidiary FBRED REIT BWH Seller, LLC (“Seller”), entered into a Master Repurchase Agreement (the “MRA”) with Barclays Bank PLC (“Barclays”). The MRA provides up to $250 million of advances. The initial maturity date of the MRA is May 8, 2028, which may be extended for up to 12 months at the Seller's option.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2035428/000110465925048528/0001104659-25-048528-index.htm

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