Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Starwood Credit Real Estate Income Trust incurred mortgage of up to £150 million with Morgan Stanley Bank, N.A. at at a per annum rate equal to (i) the sum of the Compounded Reference Rate (as de maturing February 15, 2029.
- Instrument
- mortgage
- Principal
- up to £150 million
- Counterparty
- Morgan Stanley Bank, N.A.
- Rate
- at a per annum rate equal to (i) the sum of the Compounded Reference Rate (as de
- Maturity
- February 15, 2029
- Event
- incurrence
Exact text from the filing
On April 23, 2024, SCREDIT Mortgage Funding Sub-4, LLC (“Sub-4”) and SCREDIT Mortgage Funding Sub-4-T, LLC (“Sub-4-T” and, together with Sub-4, the “Sellers”), each of which are indirect, wholly-owned special-purpose financing subsidiaries of Starwood Credit Real Estate Income Trust, a Maryland statutory trust (the “Company”), entered into a Master Repurchase and Securities Contract Agreement (together with the related transaction documents, the “MS Repurchase Agreement”), with Morgan Stanley Bank, N.A. (“Morgan Stanley”), to finance the acquisition and origination by the Sellers of eligible assets as more particularly described in the MS Repurchase Agreement. The MS Repurchase Agreement provides for asset purchases by Morgan Stanley of up to £150 million (the “Facility”).
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Starwood Credit Real Estate Income Trust incurred guarantee of up to a maximum liability of 25% of the then outstanding obligations of the Sellers with Morgan Stanley Bank, N.A..
- Instrument
- guarantee
- Principal
- up to a maximum liability of 25% of the then outstanding obligations of the Sellers
- Counterparty
- Morgan Stanley Bank, N.A.
- Event
- incurrence
Exact text from the filing
ing subsidiaries of Starwood Credit Real Estate Income Trust, a Maryland statutory trust (the “Company”), entered into a Master Repurchase and Securities Contract Agreement (together with the related transaction documents, the “MS Repurchase Agreement”), with Morgan Stanley Bank, N.A. (“Morgan Stanley”), to finance the acquisition and origination by the Sellers of eligible assets as more particularly described in the MS Repurchase Agreement.
View on SEC.gov