secwatch / observer
8-K filed December 19, 2025, 6:59 PM ET ticker BRSP CIK 0001717547
debt confidence high sentiment positive materiality 0.60

BrightSpire reduces net worth covenant to $900M, expands Wells facility to $500M

BrightSpire Capital, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BrightSpire Capital, Inc. amended Seventh Amendment to WLS Repurchase Agreement with Wells Fargo Bank, National Association valued at $500.0 million (effective 2025-12-16).

Action
amendment
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association
Value
$500.0 million
Effective
2025-12-16
Exact text from the filing
On December 16, 2025, WLS Seller and Wells entered into an Amendment No. 7 to the WLS Repurchase Agreement (the “Seventh Amendment to WLS Repurchase Agreement”) and Fifth Amendment to Guarantee Agreement (the “Fifth WLS Guarantee Agreement”), under which Wells agreed that the required minimum consolidated tangible net worth of the Guarantor is reduced from $1.11 billion to $900 million, and to increase the facility size from $400.0 million to $500.0 million (with maximum upsize options to $600.0 million, subject to Wells approval).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BrightSpire Capital, Inc. entered into Master Repurchase and Securities Contract with Wells Fargo Bank, National Association valued at up to $300.0 million (effective 2018-11-02).

Action
entry
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association
Value
up to $300.0 million
Effective
2018-11-02
Exact text from the filing
On November 2, 2018, CLNC Credit 8, LLC, now known as BrightSpire Credit 8, LLC (“WLS Seller”), an indirect subsidiary of BrightSpire Capital, Inc. (the “Company”), entered into a Master Repurchase and Securities Contract (the “WLS Repurchase Agreement”) with Wells Fargo Bank, National Association (“Wells”).
View on SEC.gov

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BrightSpire Capital, Inc. filing history →

Source: SEC EDGAR
accession 0001717547-25-000088
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