{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-309618","form_type":"8-K","ticker":null,"cik":"0001965934","company_name":"Overland Advantage","filed_at":"2025-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.171024+00:00","generated_at":"2026-05-16T14:21:15.619281+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Overland Advantage subsidiary enters $400M senior secured revolving credit facility with BNP Paribas","bullets":["New $400M facility matures Dec 2, 2030; borrowing period ends Dec 2, 2028.","Interest at 3-month SOFR plus margin of 1.45%-1.95% based on collateral type.","Prior BNP facility terminated and all outstanding amounts repaid.","Custodian agreement with U.S. Bank; facility is limited recourse to collateral assets."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-309618","json":"https://secwatch.observer/filing/0001193125-25-309618.json","markdown":"https://secwatch.observer/filing/0001193125-25-309618.md","text":"https://secwatch.observer/filing/0001193125-25-309618.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1965934/000119312525309618/0001193125-25-309618-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1965934/000119312525309618/ck0001965934-20251202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T14:21:15.619281+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"85e489cad8c54fc119500030801a496469330ffc","claim":"Overland Advantage incurred revolving credit of $400 million with BNP Paribas at three (3) month term secured overnight financing rate, plus an applicable margin maturing December 2, 2030.","evidence_excerpt":"Under the BNP Revolving Credit Facility, BNP has agreed to make available to Overland Financing C, LLC, a revolving loan facility in the maximum principal amount of up to $400 million subject to additional increases. Advances under the BNP Revolving Credit Facility will initially bear interest at a per annum rate equal to the three (3) month term secured","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1965934/000119312525309618/0001193125-25-309618-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$400 million"},{"label":"Counterparty","value":"BNP Paribas"},{"label":"Rate","value":"three (3) month term secured overnight financing rate, plus an applicable margin"},{"label":"Maturity","value":"December 2, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}