---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-181954"
form_type: "8-K"
ticker: null
cik: "0001872371"
company_name: "Oaktree Strategic Credit Fund"
filed_at: "2023-07-05T23:59:59+00:00"
generated_at: "2026-06-13T12:54:06.522026+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Oaktree Strategic Credit Fund upsizes revolving credit facility to $1.1B, extends maturity to five years

## Summary
- Facility increased to $1,100M from $490M; four-year availability period and five-year maturity from June 28, 2023.
- Borrowings bear interest at SOFR+2.15% or ABR+1.15%, stepping down to +2.05%/+1.05% if investment grade after one year.
- Unused commitment fee 0.375% p.a., rising to 1.00% if daily unused portion ≥65% of total commitments.
- Accordion feature permits further increase to greater of $1,250M or 150% of shareholders' equity.
- Proceeds used for general corporate purposes, including investments and permitted distributions.

## SEC filing metadata
- accession: 0001193125-23-181954
- form_type: 8-K
- cik: 0001872371
- company_name: Oaktree Strategic Credit Fund
- filed_at: 2023-07-05T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1872371/000119312523181954/0001193125-23-181954-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1872371/000119312523181954/d504569d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-181954
- JSON: https://secwatch.observer/filing/0001193125-23-181954.json
- Plain text: https://secwatch.observer/filing/0001193125-23-181954.txt

## Key facts
- Debt Financings
  Oaktree Strategic Credit Fund amended revolving credit of up to $1,100 million with ING Capital LLC (administrative agent) at SOFR, as adjusted, plus 2.15% per annum maturing five years from the New Effective Date.
  - Instrument: revolving credit
  - Principal: up to $1,100 million
  - Counterparty: ING Capital LLC (administrative agent)
  - Rate: SOFR, as adjusted, plus 2.15% per annum
  - Maturity: five years from the New Effective Date
  - Event: amendment
  source text: As a result of the Amendment, the Credit Agreement provides for a senior secured revolving credit facility of up to $1,100 million (the “ Increased Maximum Commitment ”), increased from $490 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872371/000119312523181954/0001193125-23-181954-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.