secwatch.observer — SEC 8-K summary
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Issuer:     STORE CAPITAL LLC (—)
CIK:        0001538990
Form:       8-K
Filed at:   2023-12-20T23:59:59+00:00
Accession:  0001193125-23-300041
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

STORE Capital repays $960M secured bridge loan early, expands unsecured facility to $3.2B
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- Repaid in full $960M secured bridge loan due Feb 2025 using new term loans and cash.
- Amended unsecured credit agreement to increase capacity from $2.5B to $3.2B.
- Added new $467.5M term loans, bringing aggregate term borrowings to $1.3B.
- CEO cites continued access to capital and commitment to return to unsecured debt levels.
- Early payoff reduces secured debt, extends maturity profile, and lowers cost of capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538990/000119312523300041/0001193125-23-300041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538990/000119312523300041/d620661d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-300041

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