secwatch.observer — SEC 8-K summary
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Issuer:     Principal Credit Real Estate Income Trust (—)
CIK:        0002026448
Form:       8-K
Filed at:   2025-06-30T23:59:59+00:00
Accession:  0002026448-25-000058
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Principal Credit REIT enters $250M repurchase facility with Citibank; declares $0.1350/share June distribution
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- PCREDIT Levered B LLC, a wholly-owned subsidiary, entered a $250M Master Repurchase Agreement with Citibank N.A. to finance eligible loan acquisitions.
- Advances bear interest at Term SOFR plus a margin; facility matures June 27, 2027, with possible extension.
- Company provides a guaranty covering up to 25% of the outstanding repurchase obligations, becoming full recourse on certain events.
- Declared June 2025 distributions of $0.1350 per share for Class A, F-I, I, and E common shares, payable July 18, 2025 to holders of record June 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2026448/000202644825000058/0002026448-25-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2026448/000202644825000058/pcrei-20250627.htm
  HTML page:      https://secwatch.observer/filing/0002026448-25-000058

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