---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-322306"
form_type: "8-K"
ticker: null
cik: "0002043759"
company_name: "LAGO Evergreen Credit"
filed_at: "2025-12-17T23:59:59+00:00"
generated_at: "2026-05-16T12:58:01.241069+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# LAGO Evergreen Credit expands credit facility to $125M, adds Axos Bank as lender

## Summary
- Available borrowings increased from $75M to $125M under amended Loan and Security Agreement.
- Axos Bank added as new lender alongside existing KeyBank National Association.
- Amendment revises eligibility criteria for note receivables and account debtors, and raises required lender threshold to 66 2/3%.
- Effective December 12, 2025; borrowing remains subject to Investment Company Act leverage restrictions.

## SEC filing metadata
- accession: 0001193125-25-322306
- form_type: 8-K
- cik: 0002043759
- company_name: LAGO Evergreen Credit
- filed_at: 2025-12-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2043759/000119312525322306/0001193125-25-322306-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2043759/000119312525322306/ck0002043759-20251212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-322306
- JSON: https://secwatch.observer/filing/0001193125-25-322306.json
- Plain text: https://secwatch.observer/filing/0001193125-25-322306.txt

## Key facts
- Debt Financings
  LAGO Evergreen Credit amended credit facility of increase the available borrowings under the Third Amendment to the Loan and Security Agreement from $75,000,000 to $125, with Keybank National Association.
  - Instrument: credit facility
  - Principal: increase the available borrowings under the Third Amendment to the Loan and Security Agreement from $75,000,000 to $125,
  - Counterparty: Keybank National Association
  - Event: amendment
  source text: Agreement amends the Loan and Security Agreement to, among other things, increase the available borrowings under the Third Amendment to the Loan and Security Agreement from $75,000,000 to $125,000,000 and add Axos Bank, as a new Lender. The terms of the Third Amendment to the Loan and Security Agreement became effective on December 12, 2025. Borrowing under the
  evidence_url: https://www.sec.gov/Archives/edgar/data/2043759/000119312525322306/0001193125-25-322306-index.htm

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