{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-080408","form_type":"8-K","ticker":"TPTA","cik":"0001674356","company_name":"Terra Property Trust, Inc.","filed_at":"2026-07-02T21:00:46+00:00","discovered_at":"2026-07-02T21:02:00.315470+00:00","generated_at":"2026-07-02T21:02:08.076398+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Terra Property Trust completes exchange of 6% notes for 11% secured notes; obtains $25M term loan","bullets":["Exchanged $36.2M of 6.00% Senior Notes due 2026 for $27.2M of new 11.00% Senior Secured Notes due 2027 plus cash.","Repaid remaining outstanding principal of TPTA Notes on June 30, 2026.","Borrowed $25M term loan from Strategic Yieldco LLC at 11.00% interest, maturing Dec 29, 2027, with 4% upfront fee.","New notes mature July 1, 2027, interest payable monthly, redeemable at 102% under certain conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-080408","json":"https://secwatch.observer/filing/0001104659-26-080408.json","markdown":"https://secwatch.observer/filing/0001104659-26-080408.md","text":"https://secwatch.observer/filing/0001104659-26-080408.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674356/000110465926080408/0001104659-26-080408-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674356/000110465926080408/tm2619604d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-02T21:02:08.076398+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"}