{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-262822","form_type":"8-K","ticker":null,"cik":"0002049595","company_name":"BlackRock Monticello Debt Real Estate Investment Trust","filed_at":"2025-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.467504+00:00","generated_at":"2026-05-17T00:57:57.651903+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"BlackRock Monticello subsidiary enters $100M revolving credit facility with CIBC","bullets":["Initial facility of $100M, expandable up to $250M with lender consent.","Maturity on October 28, 2028, with two one-year extension options.","Interest rate at Term SOFR plus 2.00% per annum; upfront fee $600,000.","Unused line fee of 0.25% on daily unused amount when borrowings <60% of max.","Company provides full-recourse guaranty upon certain triggering events."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-262822","json":"https://secwatch.observer/filing/0001193125-25-262822.json","markdown":"https://secwatch.observer/filing/0001193125-25-262822.md","text":"https://secwatch.observer/filing/0001193125-25-262822.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2049595/000119312525262822/0001193125-25-262822-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2049595/000119312525262822/d42819d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:57:57.651903+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":"185e5d1167a88a406b782b17bdc4b7fbb39a8f22","claim":"BlackRock Monticello Debt Real Estate Investment Trust incurred revolving credit of up to an initial maximum amount of $100.0 million with CIBC Bank USA as lender and administrative agent at Term Secured Overnight Financing Rate plus 2.0% maturing 2028-10-28.","evidence_excerpt":"(“CIBC”), as lender and administrative agent, and certain other lenders party thereto. The Credit Agreement provides for revolving loans of up to an initial maximum amount of $100.0 million, which may be increased up to a maximum of $250.0 million at the Borrower’s request subject to the consent of CIBC and the other lenders, in their sole discretion. The maturity","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2049595/000119312525262822/0001193125-25-262822-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to an initial maximum amount of $100.0 million"},{"label":"Counterparty","value":"CIBC Bank USA as lender and administrative agent"},{"label":"Rate","value":"Term Secured Overnight Financing Rate plus 2.0%"},{"label":"Maturity","value":"2028-10-28"},{"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"}