debt
confidence high
sentiment positive
materiality 0.60
Oaktree Strategic Credit Fund ups credit facility to $400M, reduces SOFR margin to 1.60%
Oaktree Strategic Credit Fund
- Commitment under loan agreement increased from $300M to $400M.
- Interest rate margin on SOFR loans reduced from 2.40% to 1.60%.
- Reinvestment period extended to July 2028; final maturity extended to July 2029.
- Computershare Trust Company appointed as successor collateral agent, replacing Deutsche Bank.
item 1.01item 9.01