secwatch.observer — SEC 8-K summary
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Issuer:     STORE CAPITAL LLC (—)
CIK:        0001538990
Form:       8-K
Filed at:   2025-10-03T23:59:59+00:00
Accession:  0001193125-25-230302
Event type: debt
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

STORE Capital closes $625M securitization at 5.06%, upsized from $450M; amends credit facilities to $2.9B
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- Closed $625M in Class A notes (upsized from $450M) with weighted avg rate 5.06% and weighted avg life 7.32 yrs.
- Notes include AAA tranches totaling $536M at 4.76%-5.19% and AA tranches totaling $89M at 4.95%-5.39%.
- Amended unsecured credit agreement: $1.25B revolver (incl. $200M swingline, $75M LC) and $1.65B term loans, extended maturity.
- Proceeds from securitization to be used for growth; Class B notes of $20M retained by affiliate.
- Oversubscription allowed 34 bps reduction in credit spread to 112 bps vs last issuance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538990/000119312525230302/0001193125-25-230302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538990/000119312525230302/d38372d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-230302

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