Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
AB Commercial Real Estate Private Debt Fund, LLC amended credit facility of $187,150,000 with HSBC Bank USA, National Association at Term SOFR plus a margin of 1.50% maturing July 9, 2027.
- Instrument
- credit facility
- Principal
- $187,150,000
- Counterparty
- HSBC Bank USA, National Association
- Rate
- Term SOFR plus a margin of 1.50%
- Maturity
- July 9, 2027
- Event
- amendment
Exact text from the filing
The Amendment, among other changes, (i) extends the initial maturity date of borrowings under the HSBC Loan and Security Agreement to July 9, 2027 and (ii) provides for an additional loan under the HSBC Loan and Security Agreement of $92,250,000 (the “Additional Loan”), increasing the aggregate total borrowings under the HSBC Loan and Security Agreement to $187,150,000
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
AB Commercial Real Estate Private Debt Fund, LLC incurred credit facility of $92,250,000 with HSBC Bank USA, National Association at Term SOFR plus a margin of 1.50% maturing July 9, 2027.
- Instrument
- credit facility
- Principal
- $92,250,000
- Counterparty
- HSBC Bank USA, National Association
- Rate
- Term SOFR plus a margin of 1.50%
- Maturity
- July 9, 2027
- Event
- incurrence
Exact text from the filing
The Amendment, among other changes, (i) extends the initial maturity date of borrowings under the HSBC Loan and Security Agreement to July 9, 2027 and (ii) provides for an additional loan under the HSBC Loan and Security Agreement of $92,250,000 (the “Additional Loan”), increasing the aggregate total borrowings under the HSBC Loan and Security Agreement to $187,150,000
View on SEC.gov