secwatch.observer — SEC 8-K summary
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Issuer:     STORE CAPITAL LLC (—)
CIK:        0001538990
Form:       8-K
Filed at:   2023-06-02T23:59:59+00:00
Accession:  0001193125-23-159931
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

STORE Capital closes $548M securitization of net-lease mortgage notes
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- Issued $548M in three classes: $346M Class A-1 at 6.19%, $182M Class A-2 at 6.92%, $20M Class B at 7.88%.
- Weighted average note rate on Class A notes is 6.44%; notes rated AAA(sf), A+(sf), BBB(sf) by S&P.
- Net proceeds from Class A sale used to repay certain indebtedness and pay issuance fees/expenses.
- Notes issued by eleven bankruptcy-remote, wholly owned subsidiaries; guaranteed by STORE Capital.
- Notes are secured by assets of issuers; governed by Ninth Amended and Restated Master Indenture.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538990/000119312523159931/0001193125-23-159931-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538990/000119312523159931/d486891d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-159931

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