---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-003836"
form_type: "8-K"
ticker: "ACR"
cik: "0001332551"
company_name: "ACRES Commercial Realty Corp."
filed_at: "2022-02-03T23:59:59+00:00"
generated_at: "2026-06-27T11:35:41.490912+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# ACRES extends note warrant deadline to July 2022; amends repo agreements for LIBOR transition

## Summary
- Amendment No. 1 with Oaktree and Mass Mutual extends the window to issue Additional Notes from Jan 31, 2022 to July 31, 2022.
- Morgan Stanley repo agreement amended to replace LIBOR with Term SOFR and add benchmark transition provisions, effective Jan 28, 2022.
- Barclays repo agreement amended to replace LIBOR with Term SOFR/SOFR Average and update eligibility criteria, effective Feb 3, 2022.
- No changes to financial terms, limits, or pricing were disclosed; amendments are procedural for benchmark transition.
- Both repo amendments are standard market practice for the LIBOR phase-out; no material impact on operations.

## SEC filing metadata
- accession: 0001564590-22-003836
- form_type: 8-K
- ticker: ACR
- cik: 0001332551
- company_name: ACRES Commercial Realty Corp.
- filed_at: 2022-02-03T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 2.03, 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1332551/000156459022003836/0001564590-22-003836-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1332551/000156459022003836/acr-8k_20220128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-003836
- JSON: https://secwatch.observer/filing/0001564590-22-003836.json
- Plain text: https://secwatch.observer/filing/0001564590-22-003836.txt

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