Stellus Private Credit BDC upsizes credit facility to $300M, extends maturity to 2030

Stellus Private Credit BDC

Commitment increased from $195M to $300M; new lenders Bank OZK and Stellar Bank joined.
Commitment termination date extended to Sept 10, 2029; final maturity to Sept 10, 2030.
Applicable margin on SOFR loans reduced to 2.25%-2.50% (from prior range).
Borrowing base now includes Refinancing Reserve of $10M for upcoming debt maturities.
Minimum shareholders' equity set at $150M plus 25% of post-June 30, 2025 equity proceeds.

item 1.01item 2.03item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.