debt
confidence high
sentiment positive
materiality 0.85
Oaktree Strategic Credit Fund increases credit capacity by $400M, reduces margins, extends maturities
Oaktree Strategic Credit Fund
- JPM facility commitment raised from $500M to $700M; margin cut to 1.50% (broadly syndicated) or 1.90% (other); maturity extended to July 3, 2030.
- MS facility commitment raised from $200M to $400M (accordion up to $600M); margin cut to 1.60% (broadly syndicated) or 1.85% (other); maturity to July 3, 2029.
- All outstanding borrowings under CIBC facility repaid and terminated; original maturity was November 21, 2025.
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