--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-26-231130" form_type: "8-K" ticker: null cik: "0001538990" company_name: "STORE CAPITAL LLC" filed_at: "2026-05-19T21:22:41+00:00" generated_at: "2026-05-19T21:26:17.847891+00:00" event_type: "debt" sentiment: "positive" materiality_score: 0.75 calibrated_materiality_score: 0.75 confidence: "high" source: SEC EDGAR --- # STORE Capital closes $567M securitization at 5.28%, refinances $520.3M at lower rate ## Summary - Issued $567M Class A notes in four tranches: A-1/A-2 (AAA) at 5.22%/5.31%, A-3/A-4 (AA) at 5.32%/5.41%. - Weighted average note rate 5.28% and weighted average life 6.32 years. - Net proceeds used to redeem $520.3M of outstanding Master Funding notes at 6.44% ahead of May 2028 maturity. - Offering oversubscribed, upsized by more than 60% due to strong institutional demand. - Also issued $22M Class B notes retained by affiliate; total issuance $589M. ## SEC filing metadata - accession: 0001193125-26-231130 - form_type: 8-K - cik: 0001538990 - company_name: STORE CAPITAL LLC - filed_at: 2026-05-19T21:22:41+00:00 - event_type: debt - sentiment: positive - materiality_score: 0.75 - calibrated_materiality_score: 0.75 - confidence: high - sec_items: 1.01, 2.03, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1538990/000119312526231130/0001193125-26-231130-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538990/000119312526231130/d227934d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-26-231130 - JSON: https://secwatch.observer/filing/0001193125-26-231130.json - Plain text: https://secwatch.observer/filing/0001193125-26-231130.txt ## Key facts - Debt Financings STORE CAPITAL LLC incurred senior notes of $589,000,000 aggregate principal amount with qualified institutional investors at Class A Notes weighted average note rate is 5.28%; Class B Note rate is 6.00% maturing Anticipated Repayment Date: March 2032 (Class A-1, Class A-3), May 2033 (Class A-2, Class A-4, Class B). - Instrument: senior notes - Principal: $589,000,000 aggregate principal amount - Counterparty: qualified institutional investors - Rate: Class A Notes weighted average note rate is 5.28%; Class B Note rate is 6.00% - Maturity: Anticipated Repayment Date: March 2032 (Class A-1, Class A-3), May 2033 (Class A-2, Class A-4, Class B) - Event: incurrence source text: completed the issuance of $589,000,000 aggregate principal amount of STORE Master Funding Net-Lease Mortgage Notes, Series 2026-1 (the “ Notes ”) evidence_url: https://www.sec.gov/Archives/edgar/data/1538990/000119312526231130/0001193125-26-231130-index.htm - Material Agreements STORE CAPITAL LLC entered into Twelfth Amended and Restated Master Indenture with Citibank, N.A. (effective 2026-05-19). - Action: entry - Agreement: notes offering - Counterparty: Citibank, N.A. - Effective: 2026-05-19 source text: The Notes were issued pursuant to the Twelfth Amended and Restated Master Indenture, dated as of May 19, 2026 (the “ Indenture ”), among the Issuers and Citibank, N.A. (the “ Indenture Trustee ”) evidence_url: https://www.sec.gov/Archives/edgar/data/1538990/000119312526231130/0001193125-26-231130-index.htm - Material Agreements STORE CAPITAL LLC entered into Series 2026-1 Supplement to the Indenture with Citibank, N.A. (effective 2026-05-19). - Action: entry - Agreement: notes offering - Counterparty: Citibank, N.A. - Effective: 2026-05-19 source text: are governed by the Series 2026-1 Supplement to the Indenture entered into by the Issuers and the Indenture Trustee on May 19, 2026 (the “ Indenture Supplement ”) evidence_url: https://www.sec.gov/Archives/edgar/data/1538990/000119312526231130/0001193125-26-231130-index.htm - Material Agreements STORE CAPITAL LLC entered into Eleventh Amended and Restated Property Management and Servicing Agreement with KeyBank National Association (effective 2026-05-19). - Action: entry - Agreement: notes offering - Counterparty: KeyBank National Association - Effective: 2026-05-19 source text: the Company also entered into the Eleventh Amended and Restated Property Management and Servicing Agreement, dated as of May 19, 2026 (the “ Property Management Agreement ”), among the Issuers, the Company, KeyBank National Association (“ KeyBank ”) and the Indenture Trustee evidence_url: https://www.sec.gov/Archives/edgar/data/1538990/000119312526231130/0001193125-26-231130-index.htm - Material Agreements STORE CAPITAL LLC entered into Note Purchase Agreement with initial purchasers party thereto valued at $589,000,000 aggregate principal amount (effective 2026-05-14). - Action: entry - Agreement: notes offering - Counterparty: initial purchasers party thereto - Value: $589,000,000 aggregate principal amount - Effective: 2026-05-14 source text: Notes in the aggregate principal amount of $567,000,000 were issued to qualified institutional investors (the “ Class A Notes ”). The remaining Notes, in the aggregate principal amount of $22,000,000, were issued to an affiliate of the Company (the “ Class B Notes ”). The Notes were issued to qualified institutional investors pursuant to a Note Purchase Agreement, entered into on May 14, 2026 (the “ Note Purchase Agreement ”), among the Company and the Issuers, and the initial purchasers party thereto evidence_url: https://www.sec.gov/Archives/edgar/data/1538990/000119312526231130/0001193125-26-231130-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.