secwatch.observer — SEC 8-K summary
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Issuer:     SLR Investment Corp. (SLRC)
CIK:        0001418076
Form:       8-K
Filed at:   2022-04-01T23:59:59+00:00
Accession:  0001193125-22-092898
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SLR Investment Corp. completes merger with SLR Senior Investment Corp.; combined entity has $2.6B in assets
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- Exchange ratio of 0.7796 SLRC shares per SUNS share; legacy SLRC owners hold ~77%, former SUNS ~23%.
- Pro forma total assets ~$2.6B, net assets ~$1.1B as of Dec. 31, 2021.
- Base management fee cut by 25 bps to 1.50% on gross assets up to 200% of net assets; 1.00% above 200% retained.
- Assumed $225M credit facility (LIBOR+2.00%-2.50%, matures June 2026) and $85M 3.90% senior notes due March 2025.
- Combined portfolio ~70% specialty finance loans, ~30% cash flow loans; target leverage unchanged at 0.90x-1.25x debt-to-equity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1418076/000119312522092898/0001193125-22-092898-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1418076/000119312522092898/d296304d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-092898

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