debt
confidence high
sentiment neutral
materiality 0.65
Antares Strategic Credit Fund II enters $250M revolving loan facility with Citibank, expandable to $1B
Antares Strategic Credit Fund II LLC
- Initial max principal $250M; accordion permits increases up to $1B with lender consent above $750M.
- Loan bears interest at Term SOFR/EURIBOR/CORRA/SONIA plus a blended Applicable Margin (1.60%–1.875%).
- Maturity date July 18, 2030; revolving period ends no later than July 18, 2028.
- Proceeds used to fund collateral obligations, pay fees/expenses, and make distributions to the Fund.
- Facility entered July 18, 2025 by subsidiary ASTII Funding SPV LP (later converted to LLC).
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