{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-057650","form_type":"8-K","ticker":null,"cik":"0002018545","company_name":"Franklin BSP Real Estate Debt BDC","filed_at":"2025-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.805848+00:00","generated_at":"2026-05-24T12:28:09.947292+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Franklin BSP Real Estate Debt BDC enters $150M repurchase facility with Wells Fargo","bullets":["Facility provides up to $150M to finance commercial real estate mortgage loans and senior interests.","Advances accrue at Term SOFR plus a margin determined by Wells Fargo; facility matures March 13, 2027 with two 1-year extension options.","Company guarantees full payment and performance of Seller's obligations under the facility, subject to customary limitations.","Facility is secured by the purchased assets and includes standard representations, covenants, and events of default."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-057650","json":"https://secwatch.observer/filing/0001193125-25-057650.json","markdown":"https://secwatch.observer/filing/0001193125-25-057650.md","text":"https://secwatch.observer/filing/0001193125-25-057650.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2018545/000119312525057650/0001193125-25-057650-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2018545/000119312525057650/d833198d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T12:28:09.947292+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d56b5cc704f4147529f8f47bec86b5364f8e6150","claim":"Franklin BSP Real Estate Debt BDC incurred credit facility of up to $150 million with Wells Fargo Bank, National Association at Term SOFR Reference Rate plus a margin maturing March 13, 2027.","evidence_excerpt":"retail, industrial, office, self-storage, mixed-use, hospitality and/or multi-family properties. The WF Repurchase Agreement provides for asset purchases by Buyer of up to $150 million (the “Facility”). Advances under the WF Repurchase Agreement accrue interest at a per annum rate equal to the Term SOFR Reference Rate (as defined in the WF Repurchase Agreement)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2018545/000119312525057650/0001193125-25-057650-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $150 million"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Rate","value":"Term SOFR Reference Rate plus a margin"},{"label":"Maturity","value":"March 13, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}