{"schema_version":"secwatch.filing_event.v1","accession":"0002035428-26-000032","form_type":"8-K","ticker":null,"cik":"0002035428","company_name":"Franklin BSP Real Estate Debt, Inc.","filed_at":"2026-06-02T20:43:04+00:00","discovered_at":"2026-06-02T20:44:01.301854+00:00","generated_at":"2026-06-02T20:44:25.643060+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 enters $125M repurchase facility with Morgan Stanley","bullets":["Facility capacity of $125,000,000 under Master Repurchase and Securities Contract Agreement.","Initial maturity date of May 27, 2029 with two one-year extension options subject to administrative agent approval.","Company guaranteed certain obligations of subsidiary seller under separate Guarantee Agreement.","Agreement contains customary representations, warranties, covenants, events of default and indemnities."],"urls":{"canonical":"https://secwatch.observer/filing/0002035428-26-000032","json":"https://secwatch.observer/filing/0002035428-26-000032.json","markdown":"https://secwatch.observer/filing/0002035428-26-000032.md","text":"https://secwatch.observer/filing/0002035428-26-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000032/0002035428-26-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000032/fbred-20260527.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T20:44:25.643060+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":"37f5ef1be72fb63292fa544e402846912323ea1c","claim":"Franklin BSP Real Estate Debt, Inc. incurred credit facility of $125,000,000 with Morgan Stanley Mortgage Capital Holdings, LLC, as Administrative Agent, and Morgan Stanley Bank, N.A. maturing May 27, 2029.","evidence_excerpt":"(the “MRA”) with Morgan Stanley Mortgage Capital Holdings, LLC, as Administrative Agent, and Morgan Stanley Bank, N.A. (“Morgan Stanley”). The MRA has a facility capacity of $125,000,000. The MRA has an initial maturity date of May 27, 2029 and includes two, one-year extension options, subject to the Administrative Agent's approval and compliance with certain","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000032/0002035428-26-000032-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001665918-26-000041","ticker":"USFD","company_name":"US Foods Holding Corp.","filed_at":"2026-06-02T20:58:31+00:00","headline":"US Foods upsizes ABL facility to $2.5B and extends maturity to 2031","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001665918-26-000041","json":"https://secwatch.observer/filing/0001665918-26-000041.json","markdown":"https://secwatch.observer/filing/0001665918-26-000041.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1665918/000166591826000041/0001665918-26-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1665918/000166591826000041/usfd-20260528.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"(the “MRA”) with Morgan Stanley Mortgage Capital Holdings, LLC, as Administrative Agent, and Morgan Stanley Bank, N.A. (“Morgan Stanley”). The MRA has a facility capacity of $125,000,000. The MRA has an initial maturity date of May 27, 2029 and includes two, one-year extension options, subject to the Administrative Agent's approval and compliance with certain","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000032/0002035428-26-000032-index.htm","comparable_excerpt":"The Amendment increased the total aggregate amount of commitments under the ABL Agreement from $2.3 billion to $2.5 billion; extended the maturity date to May 28, 2031, subject to a springing maturity date in the event that more than $300 million of aggregate principal amount of earlier maturing indebtedness under US Foods’ term loan credit agreement or any of its senior notes remains outstanding for which a reserve is not maintained on a date that is sixty (60) days prior to such earlier maturity date for such maturing indebtedness; and made certain changes to the pricing, financial covenant, reporting obligations and other terms of the ABL Agreement.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1665918/000166591826000041/0001665918-26-000041-index.htm"}},{"accession":"0001657853-26-000036","ticker":"HTZ","company_name":"HERTZ GLOBAL HOLDINGS, INC","filed_at":"2026-06-02T20:42:59+00:00","headline":"Hertz issues $1B asset-backed notes via HVF III at rates 5.09%-10.67%","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001657853-26-000036","json":"https://secwatch.observer/filing/0001657853-26-000036.json","markdown":"https://secwatch.observer/filing/0001657853-26-000036.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657853/000165785326000036/0001657853-26-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/47129/000165785326000036/htz-20260528.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"(the “MRA”) with Morgan Stanley Mortgage Capital Holdings, LLC, as Administrative Agent, and Morgan Stanley Bank, N.A. (“Morgan Stanley”). The MRA has a facility capacity of $125,000,000. The MRA has an initial maturity date of May 27, 2029 and includes two, one-year extension options, subject to the Administrative Agent's approval and compliance with certain","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000032/0002035428-26-000032-index.htm","comparable_excerpt":"the Series 2026-1 Fixed Rate Rental Car Asset Backed Notes, Class A, Class B, Class C, Class D, and Class E, in an aggregate principal amount equal to $500,000,000","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1657853/000165785326000036/0001657853-26-000036-index.htm"}},{"accession":"0001883313-26-000046","ticker":"SVV","company_name":"Savers Value Village, Inc.","filed_at":"2026-06-02T20:02:28+00:00","headline":"Savers Value Village amends credit deal, reduces term loan interest rates","event_type":"debt","sec_items":["1.01","2.03"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001883313-26-000046","json":"https://secwatch.observer/filing/0001883313-26-000046.json","markdown":"https://secwatch.observer/filing/0001883313-26-000046.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1883313/000188331326000046/0001883313-26-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1883313/000188331326000046/svv-20260602.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"(the “MRA”) with Morgan Stanley Mortgage Capital Holdings, LLC, as Administrative Agent, and Morgan Stanley Bank, N.A. (“Morgan Stanley”). The MRA has a facility capacity of $125,000,000. The MRA has an initial maturity date of May 27, 2029 and includes two, one-year extension options, subject to the Administrative Agent's approval and compliance with certain","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000032/0002035428-26-000032-index.htm","comparable_excerpt":"the Amendment reduces the Applicable Rate (as defined in the Credit Agreement) on the Borrowers’ existing term loans to 2.50% for Term SOFR Loans (as defined in the Credit Agreement) and 1.50% for Base Rate Loans (as defined in the Credit Agreement).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1883313/000188331326000046/0001883313-26-000046-index.htm"}},{"accession":"0001993004-26-000044","ticker":"NWE","company_name":"NorthWestern Energy Group, Inc.","filed_at":"2026-06-02T11:22:44+00:00","headline":"NorthWestern Energy subsidiary enters $225M secured term loan, repays revolver","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001993004-26-000044","json":"https://secwatch.observer/filing/0001993004-26-000044.json","markdown":"https://secwatch.observer/filing/0001993004-26-000044.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1993004/000199300426000044/0001993004-26-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1993004/000199300426000044/nwe-20260527.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"(the “MRA”) with Morgan Stanley Mortgage Capital Holdings, LLC, as Administrative Agent, and Morgan Stanley Bank, N.A. (“Morgan Stanley”). The MRA has a facility capacity of $125,000,000. The MRA has an initial maturity date of May 27, 2029 and includes two, one-year extension options, subject to the Administrative Agent's approval and compliance with certain","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000032/0002035428-26-000032-index.htm","comparable_excerpt":"NW Corp's obligations under the Term Loan are secured by a $225 million first mortgage bond","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1993004/000199300426000044/0001993004-26-000044-index.htm"}},{"accession":"0001493152-26-026654","ticker":"SOUL","company_name":"Soulpower Acquisition Corp.","filed_at":"2026-06-01T21:00:32+00:00","headline":"SPAC Soulpower Acquisition issues up to $2.5M promissory note to sponsor affiliate for working capital","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.4,"calibrated_materiality_score":0.4,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-026654","json":"https://secwatch.observer/filing/0001493152-26-026654.json","markdown":"https://secwatch.observer/filing/0001493152-26-026654.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2025608/000149315226026654/0001493152-26-026654-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2025608/000149315226026654/form8-k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"(the “MRA”) with Morgan Stanley Mortgage Capital Holdings, LLC, as Administrative Agent, and Morgan Stanley Bank, N.A. (“Morgan Stanley”). The MRA has a facility capacity of $125,000,000. The MRA has an initial maturity date of May 27, 2029 and includes two, one-year extension options, subject to the Administrative Agent's approval and compliance with certain","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000032/0002035428-26-000032-index.htm","comparable_excerpt":"On May 29, 2026, Soulpower Acquisition Corporation (the \"Company\") issued an unsecured promissory note in the principal amount of up to $2,500,000 (the \"B Note\") to Soulpower Management LLC (the \"Lender\").","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2025608/000149315226026654/0001493152-26-026654-index.htm"}},{"accession":"0001140361-26-023577","ticker":"TCPC","company_name":"BlackRock TCP Capital Corp.","filed_at":"2026-06-01T20:50:02+00:00","headline":"BlackRock TCP Capital closes $535.8M CLO securitization, repays existing debt facilities","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-023577","json":"https://secwatch.observer/filing/0001140361-26-023577.json","markdown":"https://secwatch.observer/filing/0001140361-26-023577.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/ef20075169_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"(the “MRA”) with Morgan Stanley Mortgage Capital Holdings, LLC, as Administrative Agent, and Morgan Stanley Bank, N.A. (“Morgan Stanley”). The MRA has a facility capacity of $125,000,000. The MRA has an initial maturity date of May 27, 2029 and includes two, one-year extension options, subject to the Administrative Agent's approval and compliance with certain","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000032/0002035428-26-000032-index.htm","comparable_excerpt":"Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the \" Closing Date \"), BlackRock TCP Capital Corp. (the \" Company \"), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the \" CLO Transaction \"). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm"}},{"accession":"0000785161-26-000161","ticker":"EHC","company_name":"Encompass Health Corp","filed_at":"2026-06-01T20:26:16+00:00","headline":"Encompass Health issues $500M 5.875% notes due 2034; to redeem $400M of 4.500% notes due 2028","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000785161-26-000161","json":"https://secwatch.observer/filing/0000785161-26-000161.json","markdown":"https://secwatch.observer/filing/0000785161-26-000161.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/ehc-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"(the “MRA”) with Morgan Stanley Mortgage Capital Holdings, LLC, as Administrative Agent, and Morgan Stanley Bank, N.A. (“Morgan Stanley”). The MRA has a facility capacity of $125,000,000. The MRA has an initial maturity date of May 27, 2029 and includes two, one-year extension options, subject to the Administrative Agent's approval and compliance with certain","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000032/0002035428-26-000032-index.htm","comparable_excerpt":"On May 29, 2026, Encompass Health Corporation (the “Company”) completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Notes”), along with the related guarantees of the Notes by certain of the Company’s subsidiaries (the “Guarantees”), in a private offering.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm"}},{"accession":"0001895262-26-000129","ticker":"NE","company_name":"Noble Corp plc","filed_at":"2026-06-01T12:04:04+00:00","headline":"Noble boosts revolver to $650M, extends to 2031; plans $500M notes due 2034 to refinance 8.5% Diamond Notes","event_type":"debt","sec_items":["1.01","2.03","8.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing","same SEC item: 1.01, 2.03","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001895262-26-000129","json":"https://secwatch.observer/filing/0001895262-26-000129.json","markdown":"https://secwatch.observer/filing/0001895262-26-000129.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1895262/000189526226000129/0001895262-26-000129-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1895262/000189526226000129/ne-20260601.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"(the “MRA”) with Morgan Stanley Mortgage Capital Holdings, LLC, as Administrative Agent, and Morgan Stanley Bank, N.A. (“Morgan Stanley”). The MRA has a facility capacity of $125,000,000. The MRA has an initial maturity date of May 27, 2029 and includes two, one-year extension options, subject to the Administrative Agent's approval and compliance with certain","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2035428/000203542826000032/0002035428-26-000032-index.htm","comparable_excerpt":"The Third Amendment amends the Amended and Restated Senior Secured Revolving Credit Agreement, dated as of April 18, 2023 (the “A&R Credit Agreement”), among the Noble Borrowers, the lenders and other parties party thereto from time to time and the Administrative Agent, to, among other things, (i) increase the total revolving commitments under the senior secured revolving credit facility governed by the A&R Credit Agreement (the “Revolving Credit Facility”) from $550.0 million to $650.0 million and (ii) extend the scheduled maturity of the Revolving Credit Facility from April 18, 2028 to May 29, 2031.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1895262/000189526226000129/0001895262-26-000129-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}