Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Oaktree Strategic Credit Fund incurred revolving credit of up to $300 million with Deutsche Bank AG, New York Branch at applicable margin of 2.40% per annum prior to the end of the Availability Period.
- Instrument
- revolving credit
- Principal
- up to $300 million
- Counterparty
- Deutsche Bank AG, New York Branch
- Rate
- applicable margin of 2.40% per annum prior to the end of the Availability Period
- Event
- incurrence
Exact text from the filing
On February 15, 2024 (the “ Effective Date ”), OSCF Lending IV SPV, LLC (“ OSCF Lending IV SPV ”), a wholly owned subsidiary of Oaktree Strategic Credit Fund (the “ Company ”), entered into a loan financing and servicing agreement (the “ Loan Financing and Servicing Agreement ”), among OSCF Lending IV SPV, as borrower, the Company, as servicer and equityholder, the lenders party thereto, Deutsche Bank AG, New York Branch (“ DBNY ”), as facility agent (the “ Facility Agent ”), the other agents parties thereto and Deutsche Bank National Trust Company, as collateral agent and collateral custodian, pursuant to which DBNY has agreed to extend credit to OSCF Lending IV SPV in an aggregate principal amount up to $ 300 million (the “ Facility Amount ”) 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 Financing and Servicing Agreement with Deutsche Bank AG, New York Branch valued at up to $300 million (effective 2024-02-15).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Deutsche Bank AG, New York Branch
- Value
- up to $300 million
- Effective
- 2024-02-15
Exact text from the filing
On February 15, 2024 (the “ Effective Date ”), OSCF Lending IV SPV, LLC (“ OSCF Lending IV SPV ”), a wholly owned subsidiary of Oaktree Strategic Credit Fund (the “ Company ”), entered into a loan financing and servicing agreement (the “ Loan Financing and Servicing Agreement ”), among OSCF Lending IV SPV, as borrower, the Company, as servicer and equityholder, the lenders party thereto, Deutsche Bank AG, New York Branch (“ DBNY ”), as facility agent
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