Antares Strategic Credit Fund II LLC: debt financing — 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).

Key facts

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 II LLC incurred revolving credit of $250 million with Citibank, N.A., as administrative agent at Term SOFR plus an additional margin maturing July 18, 2030.

Instrument: revolving credit
Principal: $250 million
Counterparty: Citibank, N.A., as administrative agent
Rate: Term SOFR plus an additional margin
Maturity: July 18, 2030
Event: incurrence

Exact text from the filing

(ii) 100% minus Percentage, subject to a step-up of 2.00% following the occurrence of certain Events of Default. The initial maximum principal amount under the Loan Facility is $250 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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Source: SEC EDGAR

accession 0001104659-25-070403

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