{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-043515","form_type":"8-K","ticker":null,"cik":"0001966394","company_name":"Fortress Net Lease REIT","filed_at":"2025-11-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.172739+00:00","generated_at":"2026-05-16T16:39:21.878269+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Fortress Net Lease REIT increases credit facilities from $1.275B to $1.65B, adds multicurrency tranche","bullets":["Revolving facility raised from $1.0475B to $1.3475B; term loan from $227.5M to $302.5M.","Accordion feature expanded to allow future increases up to $2.5B.","New multicurrency tranche permits borrowings in EUR, GBP, and CAD.","Borrowing base advance rate temporarily raised to 65% from 60% through March 31, 2026.","Facilities bear interest at SOFR plus 1.40%–1.90% or base rate plus 0.40%–0.90%."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-043515","json":"https://secwatch.observer/filing/0001140361-25-043515.json","markdown":"https://secwatch.observer/filing/0001140361-25-043515.md","text":"https://secwatch.observer/filing/0001140361-25-043515.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1966394/000114036125043515/0001140361-25-043515-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1966394/000114036125043515/ef20059981_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T16:39:21.878269+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":"5e812dd7c0ebd0c58c9c8d537633f40fd4a45abc","claim":"Fortress Net Lease REIT amended credit facility of from $1,275,000,000 to $1,650,000,000 with Bank of America, N.A. (as administrative agent) and the lenders party thereto at term SOFR plus a margin ranging from 1.40% to 1.90%.","evidence_excerpt":"Pursuant to the Fourth Amendment, the aggregate principal amount of the Credit Facilities was increased from $1,275,000,000 to $1,650,000,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1966394/000114036125043515/0001140361-25-043515-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"from $1,275,000,000 to $1,650,000,000"},{"label":"Counterparty","value":"Bank of America, N.A. (as administrative agent) and the lenders party thereto"},{"label":"Rate","value":"term SOFR plus a margin ranging from 1.40% to 1.90%"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}