secwatch.observer — SEC 8-K summary
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Issuer:     26North BDC, Inc. (—)
CIK:        0001950976
Form:       8-K
Filed at:   2025-09-11T23:59:59+00:00
Accession:  0001193125-25-201296
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

26North BDC ups credit facility to $450M from $250M, extends to Sep 2026
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- Amendment No. 1 increases total Financing Commitments under Subscription Facility from $250M to $450M.
- Scheduled termination date extended to September 4, 2026 (from prior Feb 2026 maturity).
- Interest rate modified to SOFR/SONIA/SARON/EURIBOR/CORRA plus 1.80% margin per annum.
- Upfront fee of $1,033,561.64 payable to JPMorgan upon effectiveness of amendment.
- Conditions include delivery of officer certificates, legal opinions, and no default immediately before or after.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1950976/000119312525201296/0001193125-25-201296-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1950976/000119312525201296/none-20250905.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-201296

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