debt
confidence high
sentiment positive
materiality 0.65
Oaktree Gardens amends credit facility: reduces max commitment to $280M, extends maturity to Sept 2026
Oaktree Gardens OLP, LLC
- Maximum commitment decreased to $280M; maturity extended to September 24, 2026.
- Interest rate reduced by 50 bps; SOFR + 1.80% for SOFR loans or Prime + 0.80% for reference rate loans.
- Specified defaults waived as part of the amendment (Schedule I of the amendment).
- Unfunded capital commitments of all Investors total $832M; Included Investors $780M (as of Aug 20, 2025).
- Lloyds Bank Corporate Markets plc exited as lender; commitments reallocated among remaining lenders.
item 1.01item 2.03item 9.01