---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-045285"
form_type: "8-K"
ticker: "ACR"
cik: "0001332551"
company_name: "ACRES Commercial Realty Corp."
filed_at: "2021-08-20T23:59:59+00:00"
generated_at: "2026-06-29T08:36:05.267605+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001564590-21-045285
- form_type: 8-K
- ticker: ACR
- cik: 0001332551
- company_name: ACRES Commercial Realty Corp.
- filed_at: 2021-08-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1332551/000156459021045285/0001564590-21-045285-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1332551/000156459021045285/acr-8k_20210818.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-045285
- JSON: https://secwatch.observer/filing/0001564590-21-045285.json
- Plain text: https://secwatch.observer/filing/0001564590-21-045285.txt

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