UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 1.01. | Entry into a Material Definitive Agreement. |
WF-1 Thirteenth Amendment to Master Repurchase and Securities Contract
On November 26, 2024, FS CREIT Finance WF-1 LLC (“WF-1”), an indirect wholly owned special-purpose financing subsidiary of FS Credit Real Estate Income Trust, Inc. (the “Company”), and the Company entered into Amendment No. 13 to Master Repurchase and Securities Contract (the “Amendment”) with Wells Fargo Bank, National Association (“Wells”), amending the Master Repurchase and Securities Contract, dated as of August 30, 2017, between WF-1, as seller, and Wells, as buyer. The Amendment provides for, among other things, (i) an extension of the Master Repurchase and Securities Contract’s maturity date from August 30, 2025, to September 26, 2026, (ii) an extension of the Master Repurchase and Securities Contract’s funding expiration date from November 28, 2024, to September 26, 2026, and (iii) a reduced maximum facility amount from $600 million to $500 million.
The material terms of the Amendment described here are qualified in their entirety by the agreement attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
| Item 2.03. | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
The information set forth under Item 1.01 is incorporated by reference herein.
|
Item 9.01.
(d) Exhibits |
Financial Statements and Exhibits. |
|
EXHIBIT NUMBER |
EXHIBIT DESCRIPTION |
| 10.1 | Amendment No. 13 to Master Repurchase and Securities Contract, among FS CREIT Finance WF-1 LLC, FS Credit Real Estate Income Trust, Inc. and Wells Fargo Bank, National Association |
| 104 | Cover Page Interactive Data File--the cover page XBRL tags are embedded within the Inline XBRL document. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FS Credit Real Estate Income Trust, Inc. | ||
| Date: November 27, 2024 | By: |
/s/ Stephen S. Sypherd |
| Name: Stephen S. Sypherd | ||
| Title: Vice President, Treasurer and Secretary | ||