AB Commercial Real Estate Private Debt Fund, LLC: debt financing — AB Commercial Real Estate Private Debt Fund enters repurchase facility with Morgan Stanley Bank

AB Commercial Real Estate Private Debt Fund, LLC

Company became party to Master Repurchase Agreement via Second Amendment dated May 1, 2026 and executed May 6, 2026.
Facility allows sale and repurchase of securities; no set maturity date; terminable on written notice by either party.
Margin call minimum trigger amount set at $250,000.
Pricing rate based on Term SOFR plus agreed margin; purchase price per transaction determined at time of each transaction.
Agreement includes customary representations, warranties, covenants, events of default and indemnities.

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

AB Commercial Real Estate Private Debt Fund, LLC incurred credit facility with Morgan Stanley Bank N.A. at a per annum rate equal to Term SOFR on a 360-day per year basis for the actual n.

Instrument: credit facility
Counterparty: Morgan Stanley Bank N.A.
Rate: a per annum rate equal to Term SOFR on a 360-day per year basis for the actual n
Event: incurrence

Exact text from the filing

On May 6, 2026, AB Commercial Real Estate Private Debt Fund, LLC (the “Company”) became party to that certain Master Repurchase Agreement, dated September 29, 2015 (the “Initial Agreement”) by and between Morgan Stanley Bank N.A. (“Morgan Stanley”) and the counterparties thereto, pursuant to that Second Amendment to the Initial Agreement, executed May 6, 2026 and dated May 1, 2026 (the “Second Amendment”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AB Commercial Real Estate Private Debt Fund, LLC entered into Master Repurchase Agreement with Morgan Stanley Bank N.A. (effective 2026-05-06).

Action: entry
Agreement: credit facility
Counterparty: Morgan Stanley Bank N.A.
Effective: 2026-05-06

Exact text from the filing

On May 6, 2026, AB Commercial Real Estate Private Debt Fund, LLC (the “Company”) became party to that certain Master Repurchase Agreement, dated September 29, 2015 (the “Initial Agreement”) by and between Morgan Stanley Bank N.A. (“Morgan Stanley”) and the counterparties thereto, pursuant to that Second Amendment to the Initial Agreement, executed May 6, 2026 and dated May 1, 2026 (the “Second Amendment”).

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Source: SEC EDGAR

accession 0001193125-26-219189

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