---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-018226"
form_type: "8-K"
ticker: "REFI"
cik: "0001867949"
company_name: "Chicago Atlantic Real Estate Finance, Inc."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T07:24:47.493493+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# REFI extends credit facility maturity to June 2026, ups accordion to $150M

## Summary
- Fifth Amended and Restated LSA extends maturity from Dec 16, 2024 to June 30, 2026.
- Accordion feature increased to allow up to $150M in aggregate commitments.
- Company retains one-year extension option subject to no default and 365 days notice.
- Interest rate is Prime Rate plus Applicable Margin (0%-1.25%) with a 3.25% Prime Rate floor.
- Executive Chairman notes supportive lending group and intent to expand facility further.

## SEC filing metadata
- accession: 0001213900-24-018226
- form_type: 8-K
- ticker: REFI
- cik: 0001867949
- company_name: Chicago Atlantic Real Estate Finance, Inc.
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1867949/000121390024018226/0001213900-24-018226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1867949/000121390024018226/ea0200889-8k_chicago.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-018226
- JSON: https://secwatch.observer/filing/0001213900-24-018226.json
- Plain text: https://secwatch.observer/filing/0001213900-24-018226.txt

## Key facts
- Debt Financings
  Chicago Atlantic Real Estate Finance, Inc. amended revolving credit of up to $150 million maturing June 30, 2026.
  - Instrument: revolving credit
  - Principal: up to $150 million
  - Maturity: June 30, 2026
  - Event: amendment
  source text: extend the contractual maturity date from December 16, 2024 to June 30, 2026, and increase the accordion feature of the Revolving Loan to permit aggregate loan commitments of up to $150 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1867949/000121390024018226/0001213900-24-018226-index.htm
- Material Agreements
  Chicago Atlantic Real Estate Finance, Inc. amended Fifth Amended and Restated Loan and Security Agreement with the various financial institutions party thereto, as lenders valued at up to $150 million (effective 2024-02-28).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: the various financial institutions party thereto, as lenders
  - Value: up to $150 million
  - Effective: 2024-02-28
  source text: On February 28, 2024, Chicago Atlantic Lincoln, LLC (“CAL”), a Delaware limited liability company and a wholly-owned financing subsidiary of Chicago Atlantic Real Estate Finance, Inc. (the “Company”), entered into the Fifth Amended and Restated Loan and Security Agreement (the “Fifth Amended and Restated LSA”) by and among CAL and other borrowers from time to time party thereto, as the borrower (the “Borrowers”), and the various financial institutions party thereto, as lenders (the “Lenders”) related to a secured revolving credit facility (the “Revolving Loan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1867949/000121390024018226/0001213900-24-018226-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.