---
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"
generated_at: "2026-05-16T14:21:15.619281+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Overland Advantage subsidiary enters $400M senior secured revolving credit facility with BNP Paribas

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-309618
- form_type: 8-K
- cik: 0001965934
- company_name: Overland Advantage
- filed_at: 2025-12-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-309618
- JSON: https://secwatch.observer/filing/0001193125-25-309618.json
- Plain text: https://secwatch.observer/filing/0001193125-25-309618.txt

## Key facts
- Debt Financings
  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.
  - Instrument: revolving credit
  - Principal: $400 million
  - Counterparty: BNP Paribas
  - Rate: three (3) month term secured overnight financing rate, plus an applicable margin
  - Maturity: December 2, 2030
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1965934/000119312525309618/0001193125-25-309618-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.