---
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"
generated_at: "2026-05-16T16:39:21.878269+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Fortress Net Lease REIT increases credit facilities from $1.275B to $1.65B, adds multicurrency tranche

## Summary
- 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%.

## SEC filing metadata
- accession: 0001140361-25-043515
- form_type: 8-K
- cik: 0001966394
- company_name: Fortress Net Lease REIT
- filed_at: 2025-11-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-043515
- JSON: https://secwatch.observer/filing/0001140361-25-043515.json
- Plain text: https://secwatch.observer/filing/0001140361-25-043515.txt

## Key facts
- Debt Financings
  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%.
  - Instrument: credit facility
  - Principal: from $1,275,000,000 to $1,650,000,000
  - Counterparty: Bank of America, N.A. (as administrative agent) and the lenders party thereto
  - Rate: term SOFR plus a margin ranging from 1.40% to 1.90%
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1966394/000114036125043515/0001140361-25-043515-index.htm

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