secwatch.observer — SEC 8-K summary
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Issuer:     Antares Strategic Credit Fund (—)
CIK:        0001993402
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001104659-24-006281
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Antares Strategic Credit Fund enters $450M loan facility, issues $300M in equity
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- Initial $450M loan facility (expandable to $1B) with Société Générale as agent; revolving through Jan 2027, maturing Jan 2029.
- Issued ~12M common shares for $300M aggregate in private placement exempt under Regulation D.
- Loan margins: 1.90% for broadly syndicated loans, 2.40% for middle-market loans; step-up to 2.00% on default.
- Borrower is wholly-owned subsidiary Antares Strategic Credit SPV LLC; proceeds to fund collateral acquisitions and general purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1993402/000110465924006281/0001104659-24-006281-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1993402/000110465924006281/tm243882d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-006281

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