---
schema_version: "secwatch.filing_event.v1"
accession: "0001682220-25-000011"
form_type: "8-K"
ticker: "SACH"
cik: "0001682220"
company_name: "Sachem Capital Corp."
filed_at: "2025-06-16T23:59:59+00:00"
generated_at: "2026-05-19T06:35:51.419706+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sachem Capital closes $100M senior secured notes at 9.875% due 2030

## Summary
- $100M aggregate principal, initial draw $50M; remaining $50M must be drawn by May 15, 2026.
- Fixed interest rate 9.875% p.a., interest-only quarterly; commitment fee 1% on undrawn portion.
- Proceeds to repay existing facility balances, originate new loans, and redeem 7.75% unsecured notes due Sept 2025.
- Notes rated A by Egan-Jones; fully guaranteed by Sachem Capital and intermediate subsidiary.
- Original issue discount of ~$1.5M paid; optional prepayment with declining make-whole and premium provisions.

## SEC filing metadata
- accession: 0001682220-25-000011
- form_type: 8-K
- ticker: SACH
- cik: 0001682220
- company_name: Sachem Capital Corp.
- filed_at: 2025-06-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682220/000168222025000011/0001682220-25-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682220/000168222025000011/sach-20250611.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001682220-25-000011
- JSON: https://secwatch.observer/filing/0001682220-25-000011.json
- Plain text: https://secwatch.observer/filing/0001682220-25-000011.txt

## Key facts
- Debt Financings
  Sachem Capital Corp. incurred senior notes of $100 million aggregate principal amount with various institutional investors at 9.875% per annum maturing June 11, 2030.
  - Instrument: senior notes
  - Principal: $100 million aggregate principal amount
  - Counterparty: various institutional investors
  - Rate: 9.875% per annum
  - Maturity: June 11, 2030
  - Event: incurrence
  source text: On June 11, 2025, Sachem Capital Corporation Holdings, LLC, an indirect, wholly-owned subsidiary of Sachem Capital Corp. (the "Company"), consummated a private placement of $100 million aggregate principal amount of Senior Secured Notes due June 11, 2030 (the "Notes") to various institutional investors under the Note Purchase and Guaranty Agreement (the "Agreement").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682220/000168222025000011/0001682220-25-000011-index.htm

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