secwatch.observer — SEC 8-K summary
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Issuer:     Ares Commercial Real Estate Corp (ACRE)
CIK:        0001529377
Form:       8-K
Filed at:   2021-12-01T23:59:59+00:00
Accession:  0001628280-21-024272
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ares Commercial Real Estate extends Citi repurchase facility to Jan 13, 2022; negotiating multi-year renewal
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- Extended Citi repurchase facility expiration and funding availability period to January 13, 2022.
- Amendment facilitates documenting a multi-year extension, but no assurance it will be consummated.
- Facility maturity subject to two 12-month options; if both exercised, extends to Dec 13, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529377/000162828021024272/0001628280-21-024272-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529377/000162828021024272/acre-20211130.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-024272

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