Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Antares Strategic Credit Fund incurred credit facility of $450 million with Société Générale, as agent at Term SOFR plus an additional margin maturing January 19, 2029.
- Instrument
- credit facility
- Principal
- $450 million
- Counterparty
- Société Générale, as agent
- Rate
- Term SOFR plus an additional margin
- Maturity
- January 19, 2029
- Event
- incurrence
Exact text from the filing
acquisitions of middle-market loans, subject to a step-up of 2.00% following the occurrence of an Event of Default. The initial maximum principal amount under the Agreement is $450 million and the Agreement includes an accordion provision to permit increases to the total facility amount up to a maximum of $1 billion, subject in each case to the satisfaction of
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Antares Strategic Credit Fund entered into Loan and Servicing Agreement with Société Générale, as agent; U.S. Bank Trust Company, National Association, as collateral agent; U.S. Bank National Association, as document custodian valued at $450 million (effective 2024-01-19).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Société Générale, as agent; U.S. Bank Trust Company, National Association, as collateral agent; U.S. Bank National Association, as document custodian
- Value
- $450 million
- Effective
- 2024-01-19
Exact text from the filing
On January 19, 2024, Antares Strategic Credit SPV LLC (“Credit SPV”), a wholly-owned subsidiary of Antares Strategic Credit Fund (the “Fund”), as borrower, and the Fund, as equity holder and servicer, entered into a loan facility (the “Loan Facility”) for revolving and term loans pursuant to a Loan and Servicing Agreement (the “Agreement”), with the lenders from time to time party thereto, Société Générale, as agent (the “Agent”), U.S. Bank Trust Company, National Association, as collateral agent (“Collateral Agent”) and collateral administrator, and U.S. Bank National Association, as document custodian.
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