<div><div></div><div>BrightSpire Capital updated several key financing agreements to expand capacity and harmonize covenants across its lending partners. With Wells Fargo, the company increased its master repurchase facility to $500 million, added an upsize option to $600 million, and lowered the guarantor tangible net worth covenant to $900 million. Amendments with Barclays, Citibank, and Morgan Stanley similarly reduced the guarantor minimum tangible net worth to $900 million, aligning terms across lenders. Existing maturities remain in place, including 2028 for Wells Fargo and Barclays and 2027 for Morgan Stanley, supporting BrightSpire's ongoing commercial real estate lending strategy.Agreement 1: BrightSpire Capital Signs Seventh Amendment To Repurchase Agreement And Fifth Guaranty Amendment With Wells Fargo<ul><li>Agreement type: Seventh amendment to master repurchase agreement and fifth guaranty amendment</li><li>Counterparty: Wells Fargo</li><li>Signed / Effective: Dec 16 2025 / same</li><li>Duration / Termination: Through Jun 22 2028, with two one-year extensions</li><li>Reason: Expand facility capacity and align tangible net worth covenant</li></ul>Agreement 2: BrightSpire Capital Signs Eighth Amendment To Repurchase Agreement And Fourth Guaranty Amendment With Barclays<ul><li>Agreement type: Eighth amendment to master repurchase agreement and fourth guaranty amendment</li><li>Counterparty: Barclays</li><li>Signed / Effective: Dec 16 2025 / same</li><li>Duration / Termination: Through Apr 25 2028, with extension options</li><li>Reason: Increase flexibility by lowering net worth covenant</li></ul>Agreement 3: BrightSpire Capital Signs Amended And Restated Guaranty With Citibank<ul><li>Agreement type: Amended and restated guaranty</li><li>Counterparty: Citibank</li><li>Signed / Effective: Dec 16 2025 / same</li><li>Duration / Termination: At will</li><li>Reason: Align guaranty covenant with peer facilities</li></ul>Agreement 4: BrightSpire Capital Signs Eleventh Omnibus Amendment To Transaction Documents With Morgan Stanley<ul><li>Agreement type: Eleventh omnibus amendment to transaction documents</li><li>Counterparty: Morgan Stanley</li><li>Signed / Effective: Dec 17 2025 / same</li><li>Duration / Termination: Through Apr 20 2027</li><li>Reason: Align guaranty covenant and maintain access to funding</li></ul>Original SEC Filing: BrightSpire Capital, Inc. [ BRSP ] - 8-K - Dec. 18, 2025<section>Disclaimer<div>This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.</div></section></div></div>

BRSP

BrightSpire Capital has updated its financing agreements with major lenders, including Wells Fargo, Barclays, Citibank, and Morgan Stanley, to expand capacity and harmonize covenants. The updates include increasing the master repurchase facility with Wells Fargo to $500 million, with an option to upsize to $600 million, and aligning the guarantor tangible net worth covenant to $900 million across lenders. These amendments support BrightSpire's commercial real estate lending strategy, with existing maturities remaining in place.

BrightSpire Capital Updates Multiple Financing Agreements With Major Lenders