---
schema_version: "secwatch.filing_event.v1"
accession: "0001717547-22-000094"
form_type: "8-K"
ticker: "BRSP"
cik: "0001717547"
company_name: "BrightSpire Capital, Inc."
filed_at: "2022-07-13T23:59:59+00:00"
generated_at: "2026-06-24T16:00:50.724561+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BrightSpire Capital extends Morgan Stanley repurchase facility to April 2025, transitions to SOFR

## Summary
- Eighth Amendment extends maturity of $500M repurchase facility to April 20, 2025, with two one-year extension options.
- Facility originally up to $600M; reduced to $500M in 2021; MS seller retains right to increase back to $600M.
- LIBOR replaced with Term SOFR as benchmark for transactions entered prior to January 1, 2022.
- Minimum tangible net worth covenant previously reduced to $1.11B remains unchanged.

## SEC filing metadata
- accession: 0001717547-22-000094
- form_type: 8-K
- ticker: BRSP
- cik: 0001717547
- company_name: BrightSpire Capital, Inc.
- filed_at: 2022-07-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1717547/000171754722000094/0001717547-22-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1717547/000171754722000094/brsp-20220711.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001717547-22-000094
- JSON: https://secwatch.observer/filing/0001717547-22-000094.json
- Plain text: https://secwatch.observer/filing/0001717547-22-000094.txt

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