secwatch / observer
8-K filed April 28, 2026, 7:59 PM ET CIK 0002049733
debt confidence high sentiment neutral materiality 0.45

Blackstone Private Real Estate Credit & Income Fund: debt financing — Blackstone Real Estate Credit Fund obtains $150M revolving credit facility with Wells Fargo

Blackstone Private Real Estate Credit & Income Fund

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Blackstone Private Real Estate Credit & Income Fund incurred revolving credit of up to $150,000,000 with Wells Fargo Bank, N.A. at per annum rate equal to, (x) for loans for which the Borrower elects the base ra maturing April 23, 2029.

Instrument
revolving credit
Principal
up to $150,000,000
Counterparty
Wells Fargo Bank, N.A.
Rate
per annum rate equal to, (x) for loans for which the Borrower elects the base ra
Maturity
April 23, 2029
Event
incurrence
Exact text from the filing
as administrative agent (the “Administrative Agent”). The Revolving Credit Facility provides for borrowings in U.S. dollars in an initial aggregate principal amount of up to $150,000,000. Borrowings under the Revolving Credit Facility are subject to compliance with a maximum loan to value ratio and a minimum net asset value (“NAV”). The Revolving Credit Facility
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Blackstone Private Real Estate Credit & Income Fund entered into Revolving Credit Facility with Wells Fargo Bank, N.A. as administrative agent valued at $150,000,000 (effective 2026-04-23).

Action
entry
Agreement
credit facility
Counterparty
Wells Fargo Bank, N.A. as administrative agent
Value
$150,000,000
Effective
2026-04-23
Exact text from the filing
On April 23, 2026, Blackstone Private Real Estate Credit and Income Fund (the “Fund”) and BREC Holdings, LP (the “Borrower”) entered into a revolving credit facility (the “Revolving Credit Facility”) with Wells Fargo Bank, N.A. as administrative agent (the “Administrative Agent”).
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Source: SEC EDGAR
accession 0001193125-26-187284
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