---
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"
generated_at: "2026-05-17T00:57:57.651903+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BlackRock Monticello subsidiary enters $100M revolving credit facility with CIBC

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-262822
- form_type: 8-K
- cik: 0002049595
- company_name: BlackRock Monticello Debt Real Estate Investment Trust
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-262822
- JSON: https://secwatch.observer/filing/0001193125-25-262822.json
- Plain text: https://secwatch.observer/filing/0001193125-25-262822.txt

## Key facts
- Debt Financings
  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.
  - Instrument: revolving credit
  - Principal: up to an initial maximum amount of $100.0 million
  - Counterparty: CIBC Bank USA as lender and administrative agent
  - Rate: Term Secured Overnight Financing Rate plus 2.0%
  - Maturity: 2028-10-28
  - Event: incurrence
  source text: (“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_url: https://www.sec.gov/Archives/edgar/data/2049595/000119312525262822/0001193125-25-262822-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.