Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
Oaktree Strategic Credit Fund incurred credit facility of aggregate principal amount up to $150 million with Canadian Imperial Bank of Commerce at either (1) the secured overnight financing rate (SOFR), plus 1.95% or (2) the ba maturing two years after the Effective Date.
- Instrument
- credit facility
- Principal
- aggregate principal amount up to $150 million
- Counterparty
- Canadian Imperial Bank of Commerce
- Rate
- either (1) the secured overnight financing rate (SOFR), plus 1.95% or (2) the ba
- Maturity
- two years after the Effective Date
- Event
- incurrence
Exact text from the filing
On November 21, 2023 (the “ Effective Date ”), OSCF Lending V SPV, LLC (“ OSCF Lending V SPV ”), a wholly owned subsidiary of Oaktree Strategic Credit Fund (the “ Company ”), entered into a loan and servicing agreement (the “ Loan and Servicing Agreement ”), among OSCF Lending V SPV, as borrower, the Company, as transferor and servicer, Computershare Trust Company, N.A., as securities intermediary, collateral custodian, collateral agent and collateral administrator, the lenders party thereto, and Canadian Imperial Bank of Commerce (“ CIBC ”), as administrative agent (the “ Administrative Agent ”), pursuant to which CIBC has agreed to extend credit to OSCF Lending V SPV in an aggregate principal amount up to $ 150 million (the “ Maximum Commitment ”) at any one time outstanding.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Oaktree Strategic Credit Fund entered into Loan and Servicing Agreement with Canadian Imperial Bank of Commerce valued at up to $150 million (effective 2023-11-21).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Canadian Imperial Bank of Commerce
- Value
- up to $150 million
- Effective
- 2023-11-21
Exact text from the filing
On November 21, 2023 (the “ Effective Date ”), OSCF Lending V SPV, LLC (“ OSCF Lending V SPV ”), a wholly owned subsidiary of Oaktree Strategic Credit Fund (the “ Company ”), entered into a loan and servicing agreement (the “ Loan and Servicing Agreement ”), among OSCF Lending V SPV, as borrower, the Company, as transferor and servicer, Computershare Trust Company, N.A., as securities intermediary, collateral custodian, collateral agent and collateral administrator, the lenders party thereto, and Canadian Imperial Bank of Commerce (“ CIBC ”), as administrative agent (the “ Administrative Agent ”), pursuant to which CIBC has agreed to extend credit to OSCF Lending V SPV in an aggregate principal amount up to $ 150 million (the “ Maximum Commitment ”) at any one time outstanding.
View on SEC.gov