secwatch.observer — SEC 8-K summary
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Issuer:     Oaktree Strategic Credit Fund (—)
CIK:        0001872371
Form:       8-K
Filed at:   2023-11-27T23:59:59+00:00
Accession:  0001193125-23-283344
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1872371/000119312523283344/0001193125-23-283344-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1872371/000119312523283344/d564848d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-283344

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