8-K filed March 27, 2026, 7:59 PM ET CIK 0001916099

debt confidence high sentiment neutral materiality 0.60

Diameter Credit closes $399.9M CLO with AAA/AA rated notes; retains all subordinated notes

Diameter Credit Co

Issued $232M Class A-1 (SOFR+1.49%), $16M Class A-2 (SOFR+1.70%), and $24M Class B (SOFR+1.85%) secured notes due 2038.
Issued $127.9M subordinated notes due 2126; Diameter retained 100% of sub notes as retention holder.
Proceeds used to purchase first-lien commercial loans from Diameter under master loan sale agreement.
Collateral management fee set at 0.0% per annum for Diameter as collateral manager.
Secured notes rated AAA(sf)/AA(sf) by S&P; securities not registered under Securities Act.

item 1.01 item 2.03 item 9.01

Machine-readable event card

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accession: 0001193125-26-129150
form_type: 8-K
ticker: null
cik: 0001916099
company_name: Diameter Credit Co
filed_at: 2026-03-27T23:59:59+00:00
discovered_at: 2026-05-14T18:02:36.751846+00:00
generated_at: 2026-05-15T08:42:32.486336+00:00
sec_items: ["1.01", "2.03", "9.01"]
event_type: debt
sentiment: neutral
materiality_score: 0.6
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confidence: high
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Source-grounded claims

0c652397e9e7e9bb2b9eef6e63c988bdbc6a8087

Diameter Credit Co incurred senior notes of $232,000,000 with Morgan Stanley & Co. LLC at SOFR plus 1.49% maturing January 15, 2038.

$232,000,000 of AAA(sf) Class A-1 Senior Secured Floating Rate Notes due 2038, which bear interest at the three-month secured overnight financing rate published by the Federal Reserve Bank of New York (“SOFR”) plus 1.49%

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

8cbb10eac1d96002fcb821b64d73c0b3a538e551

Diameter Credit Co incurred senior notes of $24,000,000 with Morgan Stanley & Co. LLC at SOFR plus 1.85% maturing January 15, 2038.

$24,000,000 of AA(sf) Class B Senior Secured Floating Rate Notes due 2038, which bear interest at the three-month SOFR plus 1.85%

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

b6e7357c9d27619b97f8f93355cd0ff269654545

Diameter Credit Co incurred senior notes of $16,000,000 with Morgan Stanley & Co. LLC at SOFR plus 1.70% maturing January 15, 2038.

$16,000,000 of AAA(sf) Class A-2 Senior Secured Floating Rate Notes due 2038, which bear interest at the three-month SOFR plus 1.70%

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

cd7cea5915af09adbfa819f1a1fd5ab867d894a2

Diameter Credit Co incurred senior notes of $127,900,000 maturing January 15, 2126.

$127,900,000 of Subordinated Notes due 2126 (the “Subordinated Notes”), which do not bear interest

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

239628184254144659073a3846f67468486693ad

Diameter Credit Co entered into CLO Purchase Agreement with Morgan Stanley & Co. LLC, as the initial purchaser (effective 2026-03-24).

On the Closing Date and in connection with the 2026 Debt Securitization, Diameter Capital PC CLO 1 LLC (the “CLO Issuer”), an indirect, wholly-owned, consolidated subsidiary of the Company, entered into a purchase agreement (the “CLO Purchase Agreement”) with Morgan Stanley & Co. LLC, as the initial purchaser (the “Initial Purchaser”), pursuant to which the Initial Purchaser agreed to place certain of the notes issued by the CLO Issuer as part of the 2026 Debt Securitization pursuant to an indenture by and between the CLO Issuer and Western Alliance Trust Company, N.A., as trustee (the “CLO Indenture”).

SEC 8-K Item 1.01/1.02 confidence 0.9 SEC evidence

b9d7fccbb3fd63cfa30e6bc719c0d9bb5eb464d6

Diameter Credit Co entered into CLO Indenture with Western Alliance Trust Company, N.A., as trustee (effective 2026-03-24).

The Secured Notes are the secured obligation of the CLO Issuer, the Subordinated Notes are the unsecured obligations of the CLO Issuer, and the CLO Indenture governing the Notes include customary covenants and events of default.

SEC 8-K Item 1.01/1.02 confidence 0.9 SEC evidence

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Source: SEC EDGAR

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