debt
confidence high
sentiment positive
materiality 0.60
AB Commercial Real Estate Private Debt Fund increases repurchase facility to $500M, extends to 2027
AB Commercial Real Estate Private Debt Fund, LLC
- Facility size raised from $400M to $500M via Fifth Omnibus Amendment with Morgan Stanley.
- Termination date extended to April 27, 2027 from prior date.
- Key Person Event definition removed, reducing certain default triggers.
- Provision allows further increase up to $550M subject to conditions.
- Facility increase fee of $152,054.79 paid on amendment effective date.
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