---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-277108"
form_type: "8-K"
ticker: null
cik: "0001872371"
company_name: "Oaktree Strategic Credit Fund"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T04:05:22.839542+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Oaktree Strategic Credit Fund issues $350M of 8.400% Notes due 2028

## Summary
- $350M aggregate principal amount, 8.400% interest, semiannual payments, maturity Nov 14, 2028.
- Proceeds to be used for investments, general corporate purposes, or repaying credit facilities.
- Notes are unsecured; rank senior to subordinated, equal to unsubordinated, junior to secured and structurally junior to subsidiaries.
- Redeemable at Company's option prior to Oct 14, 2028 at Treasury plus 50bp or 100% plus accrued interest; thereafter at 100%.
- Company obligated to file exchange offer registration statement within 365 days or pay additional interest upon registration default.

## SEC filing metadata
- accession: 0001193125-23-277108
- form_type: 8-K
- cik: 0001872371
- company_name: Oaktree Strategic Credit Fund
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- 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/1872371/000119312523277108/0001193125-23-277108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1872371/000119312523277108/d298664d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-277108
- JSON: https://secwatch.observer/filing/0001193125-23-277108.json
- Plain text: https://secwatch.observer/filing/0001193125-23-277108.txt

## Key facts
- Debt Financings
  Oaktree Strategic Credit Fund incurred senior notes of $350 million aggregate principal amount with Deutsche Bank Trust Company Americas at 8.400% per year maturing November 14, 2028.
  - Instrument: senior notes
  - Principal: $350 million aggregate principal amount
  - Counterparty: Deutsche Bank Trust Company Americas
  - Rate: 8.400% per year
  - Maturity: November 14, 2028
  - Event: incurrence
  source text: The First Supplemental Indenture relates to the Company's issuance, offer and sale of $350 million aggregate principal amount of its 8.400% Notes due 2028 (the "Notes").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872371/000119312523277108/0001193125-23-277108-index.htm
- Material Agreements
  Oaktree Strategic Credit Fund entered into Indenture with Deutsche Bank Trust Company Americas valued at $350 million aggregate principal amount (effective 2023-11-14).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Deutsche Bank Trust Company Americas
  - Value: $350 million aggregate principal amount
  - Effective: 2023-11-14
  source text: On November 14, 2023, in connection with a previously announced private placement, Oaktree Strategic Credit Fund (the “Company”) and Deutsche Bank Trust Company Americas, as trustee (the “Trustee”), entered into (1) an indenture (the “Indenture”) and (2) a first supplemental indenture (the “First Supplemental Indenture”) to the Indenture. The First Supplemental Indenture relates to the Company’s issuance, offer and sale of $350 million aggregate principal amount of its 8.400% Notes due 2028 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872371/000119312523277108/0001193125-23-277108-index.htm
- Material Agreements
  Oaktree Strategic Credit Fund entered into Registration Rights Agreement with SMBC Nikko Securities America, Inc., BNP Paribas Securities Corp., ING Financial Markets LLC (effective 2023-11-14).
  - Action: entry
  - Counterparty: SMBC Nikko Securities America, Inc., BNP Paribas Securities Corp., ING Financial Markets LLC
  - Effective: 2023-11-14
  source text: In connection with the offering, the Company entered into a Registration Rights Agreement, dated as of November 14, 2023 (the “Registration Rights Agreement”), with SMBC Nikko Securities America, Inc., BNP Paribas Securities Corp., ING Financial Markets LLC and Wells Fargo Securities, LLC, as representatives of the several Initial Purchasers.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872371/000119312523277108/0001193125-23-277108-index.htm
- Material Agreements
  Oaktree Strategic Credit Fund entered into First Supplemental Indenture with Deutsche Bank Trust Company Americas valued at $350 million aggregate principal amount (effective 2023-11-14).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Deutsche Bank Trust Company Americas
  - Value: $350 million aggregate principal amount
  - Effective: 2023-11-14
  source text: The First Supplemental Indenture relates to the Company’s issuance, offer and sale of $350 million aggregate principal amount of its 8.400% Notes due 2028 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872371/000119312523277108/0001193125-23-277108-index.htm

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