secwatch.observer — SEC 8-K summary
======================================

Issuer:     BC Partners Lending Corp (—)
CIK:        0001726548
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001193125-25-030826
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud

BC Partners Lending Corp subsidiary enters $100M revolving credit facility with Deutsche Bank
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1726548/000119312525030826/0001193125-25-030826-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1726548/000119312525030826/d921411d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-030826

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer