secwatch / observer
8-K filed May 30, 2023, 7:59 PM ET ticker OCSL CIK 0001414932
debt confidence high sentiment neutral materiality 0.55

Oaktree Specialty Lending upsizes credit facility to $400M, extends maturity to 2027

Oaktree Specialty Lending Corp

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Oaktree Specialty Lending Corp amended Amendment with OSI 2 Senior Lending SPV, LLC, the lenders from time to time party thereto, Citibank, N.A. as administrative agent, and Deutsche Bank Trust Company Americas as collateral agent valued at $400 million (effective 2023-05-25).

Action
amendment
Agreement
credit facility
Counterparty
OSI 2 Senior Lending SPV, LLC, the lenders from time to time party thereto, Citibank, N.A. as administrative agent, and Deutsche Bank Trust Company Americas as collateral agent
Value
$400 million
Effective
2023-05-25
Exact text from the filing
On May 25, 2023, Oaktree Specialty Lending Corporation (the “Company”) entered into an amendment (the “Amendment”) to the revolving credit facility (as amended and/or restated from time to time, the “OSI2 Citibank Facility”) with OSI 2 Senior Lending SPV, LLC (“OSI 2 SPV”), the Company’s wholly-owned and consolidated subsidiary, as the borrower, the Company, as collateral manager, each of the lenders from time to time party thereto, Citibank, N.A., as administrative agent, and Deutsche Bank Trust Company Americas, as collateral agent.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Oaktree Specialty Lending Corp terminated Citibank Facility with OCSL Senior Funding II LLC, the lenders from time to time party thereto, Citibank, N.A. as administrative agent, and Wells Fargo Bank, National Association as collateral agent and custodian.

Action
termination
Agreement
credit facility
Counterparty
OCSL Senior Funding II LLC, the lenders from time to time party thereto, Citibank, N.A. as administrative agent, and Wells Fargo Bank, National Association as collateral agent and custodian
Exact text from the filing
In connection with entry into the Amendment, the Company repaid all outstanding borrowings under its revolving credit facility (as amended and/or restated from time to time, the “Citibank Facility”) with OCSL Senior Funding II LLC (formerly OCSI Senior Funding II LLC), the Company’s wholly-owned, special purpose financing subsidiary, as the borrower, the Company, as collateral manager and seller, each of the lenders from time to time party thereto, Citibank, N.A., as administrative agent, and Wells Fargo Bank, National Association, as collateral agent and custodian, following which the Citibank Facility was terminated.
View on SEC.gov

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Oaktree Specialty Lending Corp filing history →

Source: SEC EDGAR
accession 0001193125-23-156605
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