secwatch / observer
8-K filed December 14, 2023, 6:59 PM ET CIK 0001932591
debt confidence high sentiment neutral materiality 0.65

SLR Private Credit BDC II LLC: debt financing — SLR Private Credit BDC II LLC enters $25M revolving credit facility with Citibank, expandable to $80M

SLR Private Credit BDC II LLC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

SLR Private Credit BDC II LLC incurred revolving credit of $25 million with Citibank, N.A. at 2.80% per annum during the Reinvestment Period and 3.30% per annum during the Am maturing December 12, 2028.

Instrument
revolving credit
Principal
$25 million
Counterparty
Citibank, N.A.
Rate
2.80% per annum during the Reinvestment Period and 3.30% per annum during the Am
Maturity
December 12, 2028
Event
incurrence
Exact text from the filing
On December 12, 2023, SLR Private Credit BDC II LLC (the “Company”) established a $25 million senior secured revolving credit facility (the “Credit Facility”) with Citibank, N.A. acting as administrative agent.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SLR Private Credit BDC II LLC entered into Credit and Security Agreement with Citibank, N.A. acting as administrative agent valued at $25 million (effective 2023-12-12).

Action
entry
Agreement
credit facility
Counterparty
Citibank, N.A. acting as administrative agent
Value
$25 million
Effective
2023-12-12
Exact text from the filing
On December 12, 2023, SLR Private Credit BDC II LLC (the “Company”) established a $25 million senior secured revolving credit facility (the “Credit Facility”) with Citibank, N.A. acting as administrative agent. In connection with this senior secured revolving credit facility, the Company, as servicer and equityholder, the Company’s wholly owned financing subsidiary, SLR Private Credit BDC II SPV LLC (the “SPV”), as borrower, and each of the other parties thereto entered into a Credit and Security Agreement, dated as of December 12, 2023 (the “Credit and Security Agreement”).
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-23-295013
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