secwatch.observer — SEC 8-K summary
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Issuer:     Oaktree Specialty Lending Corp (OCSL)
CIK:        0001414932
Form:       8-K
Filed at:   2023-05-30T23:59:59+00:00
Accession:  0001193125-23-156605
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oaktree Specialty Lending upsizes credit facility to $400M, extends maturity to 2027
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- OSI2 Citibank Facility increased from $250M to $400M; reinvestment period extended to May 2025, maturity to Jan 2027.
- Borrowing rate during reinvestment: SOFR + 2.00% (broadly syndicated) or +2.75% (other eligible loans), min SOFR+2.50%.
- After reinvestment period, rate changes to SOFR + 4.00% per annum.
- Outstanding borrowings under prior Citibank Facility repaid and that facility terminated; it would have matured Nov 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1414932/000119312523156605/0001193125-23-156605-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1414932/000119312523156605/d503766d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-156605

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