---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-122709"
form_type: "8-K"
ticker: null
cik: "0001986395"
company_name: "Starwood Credit Real Estate Income Trust"
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T05:48:07.664421+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Starwood Credit Real Estate Income Trust enters £150M repurchase facility with Morgan Stanley, maturing 2029

## Summary
- Facility of up to £150 million through subsidiaries Sellers, with Morgan Stanley Bank as buyer.
- Advances bear interest based on Compounded Reference Rate + spread (GBP), EURIBOR (EUR), or BBSY (AUD).
- Maturity date February 15, 2029, with one-year extension options at Morgan Stanley's sole discretion.
- Company provides guaranty up to 25% of outstanding obligations, full recourse upon voluntary bankruptcy.
- Guaranty includes customary bad boy provisions covering actual costs from certain events.

## SEC filing metadata
- accession: 0001193125-24-122709
- form_type: 8-K
- cik: 0001986395
- company_name: Starwood Credit Real Estate Income Trust
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1986395/000119312524122709/0001193125-24-122709-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1986395/000119312524122709/d832104d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-122709
- JSON: https://secwatch.observer/filing/0001193125-24-122709.json
- Plain text: https://secwatch.observer/filing/0001193125-24-122709.txt

## Key facts
- Debt Financings
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1986395/000119312524122709/0001193125-24-122709-index.htm
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1986395/000119312524122709/0001193125-24-122709-index.htm

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