BC Partners Lending Corp: debt financing — BC Partners Lending Corp subsidiary enters $100M revolving credit facility with Deutsche Bank

BC Partners Lending Corp

Great Lakes BCPL Funding Ltd., a wholly-owned subsidiary, entered a $100M revolving credit facility on Feb 14, 2025, with ability to increase to $200M.
The facility matures Feb 14, 2030, with interest at 3-month SOFR plus 2.10% during revolving period and 2.30% thereafter.
Proceeds will be used to repay existing UBS repurchase facility, fund portfolio investments, and make advances under revolving loans.
Obligations are secured by a first-priority security interest in all of Great Lakes’ portfolio investments and cash.
Deutsche Bank AG New York Branch acts as facility agent; U.S. Bank serves as collateral agent and custodian.

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

BC Partners Lending Corp incurred revolving credit of $100,000,000 with Deutsche Bank AG, New York Branch at three-month term SOFR, plus an applicable margin of (x) prior to the end of the maturing February 14, 2030.

Instrument: revolving credit
Principal: $100,000,000
Counterparty: Deutsche Bank AG, New York Branch
Rate: three-month term SOFR, plus an applicable margin of (x) prior to the end of the
Maturity: February 14, 2030
Event: incurrence

Exact text from the filing

Association, as collateral custodian, and Deutsche Bank AG, New York Branch (“DB”), as facility agent. The maximum commitment amount under the Revolving Credit Facility is $100,000,000, with the ability to increase to $200,000,000 prior to the third-month anniversary of the effective date of the Revolving Credit Facility. Proceeds of the borrowings under the

View on SEC.gov

Browse all debt financings →

Source: SEC EDGAR

accession 0001193125-25-030826

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.