---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-283344"
form_type: "8-K"
ticker: null
cik: "0001872371"
company_name: "Oaktree Strategic Credit Fund"
filed_at: "2023-11-27T23:59:59+00:00"
generated_at: "2026-06-07T21:41:00.578353+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Oaktree Strategic Credit Fund subsidiary secures $150M revolving credit facility from CIBC

## Summary
- OSCF Lending V SPV, LLC subsidiary enters $150M senior secured revolving credit facility with CIBC as administrative agent.
- Facility has a two-year reinvestment period and matures two years from November 21, 2023.
- Borrowings bear interest at SOFR+1.95% or base rate+0.95%; commitments can be increased up to $500M total.
- Non-usage fee of 0.50% on undrawn amounts begins six months after closing.
- Facility secured by all assets of the borrower, including originated or acquired loans.

## SEC filing metadata
- accession: 0001193125-23-283344
- form_type: 8-K
- cik: 0001872371
- company_name: Oaktree Strategic Credit Fund
- filed_at: 2023-11-27T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1872371/000119312523283344/0001193125-23-283344-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1872371/000119312523283344/d564848d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-283344
- JSON: https://secwatch.observer/filing/0001193125-23-283344.json
- Plain text: https://secwatch.observer/filing/0001193125-23-283344.txt

## Key facts
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872371/000119312523283344/0001193125-23-283344-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872371/000119312523283344/0001193125-23-283344-index.htm

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