Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Goldman Sachs Real Estate Finance Trust Inc incurred credit facility of up to $500 million with Banco Santander, S.A., New York Branch at Term Secured Overnight Financing Rate (“SOFR”) for a one-month period plus a spr maturing March 13, 2029.
- Instrument
- credit facility
- Principal
- up to $500 million
- Counterparty
- Banco Santander, S.A., New York Branch
- Rate
- Term Secured Overnight Financing Rate (“SOFR”) for a one-month period plus a spr
- Maturity
- March 13, 2029
- Event
- incurrence
Exact text from the filing
senior participation interests satisfying certain conditions set forth in the Repurchase Agreement. The Repurchase Agreement provides for asset purchases by the Buyers of up to $500 million (the “Facility”). Advances under the Repurchase Agreement accrue interest at a per annum rate equal to the Term Secured Overnight Financing Rate (“SOFR”) for a one-month period
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Goldman Sachs Real Estate Finance Trust Inc incurred guarantee of 25% of the outstanding purchase price, accrued interest, fees, and other amounts with Banco Santander, S.A., New York Branch.
- Instrument
- guarantee
- Principal
- 25% of the outstanding purchase price, accrued interest, fees, and other amounts
- Counterparty
- Banco Santander, S.A., New York Branch
- Event
- incurrence
Exact text from the filing
et LLC (“Seller”), an indirect, wholly-owned subsidiary of Goldman Sachs Real Estate Finance Trust Inc (the “Company”), entered into an Uncommitted Master Repurchase Agreement (together with the related transaction documents, the “Repurchase Agreement”), with Banco Santander, S.A., New York Branch (“Santander”), as a buyer (in such capacity, “Buyer”), to finance the acquisition and origination by Seller of mortgage loans (including mortgage loans combined with mezzanine loans) and senior participation interests satisfying certain conditions set forth in the Repurchase Agreement.
View on SEC.gov