{"schema_version":"secwatch.filing_event.v1","accession":"0002035428-25-000015","form_type":"8-K","ticker":null,"cik":"0002035428","company_name":"Franklin BSP Real Estate Debt, Inc.","filed_at":"2025-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.883190+00:00","generated_at":"2026-05-17T21:06:19.713074+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Franklin BSP Real Estate Debt secures $150M repurchase facility with Wells Fargo","bullets":["Master Repurchase Agreement with Wells Fargo provides up to $150M in advances.","Initial maturity July 30, 2027; seller can extend for up to three additional years.","Company guarantees seller obligations under a Guarantee Agreement with minimum net worth covenant.","Agreement includes customary representations, warranties, events of default, and indemnities."],"urls":{"canonical":"https://secwatch.observer/filing/0002035428-25-000015","json":"https://secwatch.observer/filing/0002035428-25-000015.json","markdown":"https://secwatch.observer/filing/0002035428-25-000015.md","text":"https://secwatch.observer/filing/0002035428-25-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2035428/000203542825000015/0002035428-25-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2035428/000203542825000015/fbred-20250730.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T21:06:19.713074+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"04ac8b78c40135bd9df1a4c407086d318bcca51a","claim":"Franklin BSP Real Estate Debt, Inc. incurred guarantee with Wells Fargo Bank, National Association.","evidence_excerpt":"(the “Company”), through its indirect wholly-owned subsidiary FBRED REIT WWH Seller, LLC (“Seller”), entered into a Master Repurchase Agreement (the “MRA”) with Wells Fargo Bank, National Association (“Wells Fargo”). The MRA provides up to $150 million of advances.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542825000015/0002035428-25-000015-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"guarantee"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"4f5746e3707dbf431617dbb8103a84056028d095","claim":"Franklin BSP Real Estate Debt, Inc. incurred credit facility of $150 million of advances with Wells Fargo Bank, National Association maturing July 30, 2027.","evidence_excerpt":"On July 30, 2025, Franklin BSP Real Estate Debt, Inc. (the “Company”), through its indirect wholly-owned subsidiary FBRED REIT WWH Seller, LLC (“Seller”), entered into a Master Repurchase Agreement (the “MRA”) with Wells Fargo Bank, National Association (“Wells Fargo”). The MRA provides up to $150 million of advances.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542825000015/0002035428-25-000015-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$150 million of advances"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Maturity","value":"July 30, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}