secwatch.observer — SEC 8-K summary
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Issuer:     Oaktree Specialty Lending Corp (OCSL)
CIK:        0001414932
Form:       8-K
Filed at:   2025-04-11T23:59:59+00:00
Accession:  0001193125-25-079095
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oaktree Specialty Lending amends credit facility: lower margin, extended maturity to 2030
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- Facility size decreased from $1.218B to $1.160B; accordion increased to $1.50B or net worth.
- SOFR loan margin reduced from 2.00%+ to 1.875% plus 0.10% SOFR adjustment; alternate base rate reduced to 0.875%.
- Consolidated Interest Coverage Ratio covenant removed.
- Reinvestment period extended to April 8, 2029; final maturity extended to April 8, 2030.
- Limited waiver granted for UCC-1 filing lapse on FSFC Holdings; MUFG and Santander exited as lenders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1414932/000119312525079095/0001193125-25-079095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1414932/000119312525079095/d945503d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-079095

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