secwatch.observer — SEC 8-K summary
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Issuer:     Diameter Credit Co (—)
CIK:        0001916099
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001193125-26-196327
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Diameter Credit Company closes $412.6M CLO securitization
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- Issued $40.7M Class A-1 notes (SOFR+1.70%), $16.6M A-2 (SOFR+1.85%), $24.9M Class B (SOFR+2.00%).
- Also issued $130.4M Subordinated Notes and $200M Class A-1 Loans (SOFR+1.70%).
- Proceeds used to purchase first-lien commercial loans from the company; CLO matures 2038 (notes) and 2126 (sub notes).
- Company retains 15.66% of Class B and 100% of Subordinated Notes; collateral management fee set at 0.0% p.a.
- Citigroup acted as initial purchaser/placement agent for the private placement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1916099/000119312526196327/0001193125-26-196327-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1916099/000119312526196327/ck0001916099-20260424.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-196327

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