debt
confidence high
sentiment neutral
materiality 0.50
BrightSpire Capital upsizes Wells Fargo repurchase facility to $400M, extends maturity to 2025
BrightSpire Capital, Inc.
- Facility increased from $300M to $400M, with upsize options up to $500M subject to Wells approval.
- Maturity extended from May 4, 2024 to June 22, 2025, with two one-year extension options.
- Amendment executed June 22, 2022 between BrightSpire Credit 8 LLC and Wells Fargo Bank.
- Guarantor BrightSpire Capital Operating Company acknowledged and remains bound by existing guarantee.