ACRES Commercial Realty redeems $50M 12% notes due 2027; incurs $8M charge

ACRES Commercial Realty Corp.

Paid $55.3M to Oaktree and MassMutual to redeem all $50M principal of 12% senior unsecured notes due 2027.
Redemption includes $5.0M make-whole amount reduced by $3.2M; total charge to earnings $8.0M ($0.82/share).
Charge comprises $7.8M extinguishment cost and $218K accelerated deferred debt issuance costs.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.