secwatch.observer — SEC 8-K summary
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Issuer:     Starwood Credit Real Estate Income Trust (—)
CIK:        0001986395
Form:       8-K
Filed at:   2023-12-19T23:59:59+00:00
Accession:  0001193125-23-298684
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starwood Credit REIT enters $250M repurchase facility with Citibank; appoints Zachary Tanenbaum as COO
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- Enters $250M Master Repurchase Agreement with Citibank, N.A. to finance eligible loan acquisitions/originations.
- Facility matures December 14, 2025, with three 1-year extension options subject to customary conditions.
- Starwood Credit provides a guaranty covering up to 25% of outstanding obligations; may become full recourse on certain events.
- Elects Zachary H. Tanenbaum as Chief Operating Officer, effective December 13, 2023; he also remains Head of Investor Relations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1986395/000119312523298684/0001193125-23-298684-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1986395/000119312523298684/d932626d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-298684

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