secwatch.observer — SEC 8-K summary
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Issuer:     Diameter Credit Co (—)
CIK:        0001916099
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0001193125-26-129150
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1916099/000119312526129150/0001193125-26-129150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1916099/000119312526129150/ck0001916099-20260324.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-129150

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