secwatch.observer — SEC 8-K summary
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Issuer:     Blackstone Private Real Estate Credit & Income Fund (—)
CIK:        0002049733
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001193125-26-187284
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Blackstone Real Estate Credit Fund obtains $150M revolving credit facility with Wells Fargo
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- Up to $150M revolver; matures April 23, 2029; subject to LTV and NAV covenants.
- Interest rate: alternate base rate +1.40% or Term SOFR/Daily Simple SOFR +2.40%.
- Accordion feature permits increase to greater of $160M or 20% of NAV.
- Proceeds for general corporate purposes including acquisitions and working capital.
- Facility includes $25M letter of credit sublimit; unused fee of 0.35% per annum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2049733/000119312526187284/0001193125-26-187284-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2049733/000119312526187284/d112233d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-187284

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