{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-121110","form_type":"8-K","ticker":null,"cik":"0001690536","company_name":"FS Credit Real Estate Income Trust, Inc.","filed_at":"2025-12-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.156266+00:00","generated_at":"2026-05-16T13:14:05.445412+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"FS Credit Real Estate Income Trust enters $350M repurchase facility with Morgan Stanley","bullets":["Up to $350M in purchase commitments to finance senior commercial and multifamily mortgage loans, A-notes, and mezzanine loans.","Facility terminates December 9, 2030, with one-year extension options at Administrative Agent's discretion.","FSCREIT guarantees obligations; EBITDA/interest ratio ≥1.40:1.00 and total debt/tangible net worth ≤3.50:1.00.","Replaces prior October 2022 master repurchase agreement; price differential is spread over Term SOFR.","Covenants include minimum liquidity of greater of $15M or 5% of aggregate outstanding under facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-121110","json":"https://secwatch.observer/filing/0001104659-25-121110.json","markdown":"https://secwatch.observer/filing/0001104659-25-121110.md","text":"https://secwatch.observer/filing/0001104659-25-121110.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1690536/000110465925121110/0001104659-25-121110-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1690536/000110465925121110/tm2533406d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:14:05.445412+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":[{"claim_id":"136167a8cbb3cff05976ecc82e30e1d5626c930f","claim":"FS Credit Real Estate Income Trust, Inc. incurred credit facility of aggregate purchase price commitments of up to $350,000,000 with Morgan Stanley Bank, N.A. at a spread over Term SOFR maturing December 9, 2030.","evidence_excerpt":"The MS-1 Facility provides for aggregate purchase price commitments of up to $350,000,000. Each transaction under the MS-1 Facility will accrue price differential at a spread over Term SOFR and is subject to customary margin maintenance provisions. The MS-1 Facility has a termination date of December 9, 2030, subject to one-year extension options at the Administrative Agent’s discretion upon satisfaction of specified conditions.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1690536/000110465925121110/0001104659-25-121110-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"aggregate purchase price commitments of up to $350,000,000"},{"label":"Counterparty","value":"Morgan Stanley Bank, N.A."},{"label":"Rate","value":"a spread over Term SOFR"},{"label":"Maturity","value":"December 9, 2030"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}