---
schema_version: "secwatch.filing_event.v1"
accession: "0001717547-24-000077"
form_type: "8-K"
ticker: "BRSP"
cik: "0001717547"
company_name: "BrightSpire Capital, Inc."
filed_at: "2024-08-19T23:59:59+00:00"
generated_at: "2026-05-31T08:41:38.536758+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BrightSpire Capital closes $675M CLO securitization with eight tranches of notes and preferred shares

## Summary
- Issued $632.8M notes (Classes A-G) and $42.2M preferred shares via BRSP 2024-FL2 CLO.
- Class A notes: $367.9M, rated Aaa/AAAsf, SOFR+1.95%, final maturity Aug 2037, 3.25yr weighted avg life.
- Proceeds used to purchase initial collateral, fund ramp-up, and repay pre-closing repurchase facility debt.
- BrightSpire subsidiary retained all $30.4M Class F notes, $18.6M Class G notes, and $42.2M preferred shares.
- Collateral manager fee waived; 24-month reinvestment period; 6-month ramp-up for up to $84.8M additional collateral.

## SEC filing metadata
- accession: 0001717547-24-000077
- form_type: 8-K
- ticker: BRSP
- cik: 0001717547
- company_name: BrightSpire Capital, Inc.
- filed_at: 2024-08-19T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1717547/000171754724000077/0001717547-24-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1717547/000171754724000077/brsp-20240815.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001717547-24-000077
- JSON: https://secwatch.observer/filing/0001717547-24-000077.json
- Plain text: https://secwatch.observer/filing/0001717547-24-000077.txt

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