---
schema_version: "secwatch.filing_event.v1"
accession: "0001717547-22-000006"
form_type: "8-K"
ticker: "BRSP"
cik: "0001717547"
company_name: "BrightSpire Capital, Inc."
filed_at: "2022-01-31T23:59:59+00:00"
generated_at: "2026-06-27T13:39:09.285924+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BrightSpire Capital subsidiary enters $165M credit facility, replaces $300M maturing facility

## Summary
- New $165M revolving credit facility with $25M letter of credit sublimit, can increase to $300M.
- Matures Jan 31, 2026, with two 6-month extension options available to borrower.
- Interest rates: adjusted SOFR + 2.25% or base rate + 1.25%; unused commitment fee 0.25%-0.35%.
- Financial covenants: min tangible net worth $1.112B, interest coverage ≥3.00x, debt/assets ≤0.80.
- Replaces $300M facility expiring Feb 1, 2022; borrowing base secured by investment assets.

## SEC filing metadata
- accession: 0001717547-22-000006
- form_type: 8-K
- ticker: BRSP
- cik: 0001717547
- company_name: BrightSpire Capital, Inc.
- filed_at: 2022-01-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1717547/000171754722000006/0001717547-22-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1717547/000171754722000006/brsp-20220128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001717547-22-000006
- JSON: https://secwatch.observer/filing/0001717547-22-000006.json
- Plain text: https://secwatch.observer/filing/0001717547-22-000006.txt

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