{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-061151","form_type":"8-K","ticker":"FBRT","cik":"0001562528","company_name":"Franklin BSP Realty Trust, Inc.","filed_at":"2025-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.779166+00:00","generated_at":"2026-05-19T01:22:40.593114+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"FBRT OP LLC issues $107M in unsecured senior notes at 8.25% fixed and floating rate","bullets":["Operating partnership FBRT OP LLC issued $107M aggregate principal of unsecured senior notes.","$82M fixed-rate notes at 8.25%, due April 25, 2030.","$25M floating-rate notes at initial coupon ~8.33%, due April 25, 2028.","Net proceeds for general corporate purposes; may partly fund acquisition of NewPoint Holdings JV LLC.","Notes offered in private placement; not registered under Securities Act, subject to exemptions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-061151","json":"https://secwatch.observer/filing/0001104659-25-061151.json","markdown":"https://secwatch.observer/filing/0001104659-25-061151.md","text":"https://secwatch.observer/filing/0001104659-25-061151.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1562528/000110465925061151/0001104659-25-061151-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1562528/000110465925061151/tm2518545d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T01:22:40.593114+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}