---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-229011"
form_type: "8-K"
ticker: null
cik: "0001950976"
company_name: "26North BDC, Inc."
filed_at: "2026-05-18T20:30:19+00:00"
generated_at: "2026-05-18T21:00:34.110767+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# 26North BDC ups subscription facility from $450M to $650M in Amendment No. 2 with JPMorgan

## Summary
- Amendment No. 2 increases total Financing Commitments from $450M to $650M.
- JPMorgan Chase Bank serves as administrative agent and sole lender.
- An upfront fee of $187,397 was paid to JPMorgan on the effective date.
- Other terms including the 50% Advance Rate remain unchanged.
- Amendment effective May 13, 2026; reported May 18, 2026.

## SEC filing metadata
- accession: 0001193125-26-229011
- form_type: 8-K
- cik: 0001950976
- company_name: 26North BDC, Inc.
- filed_at: 2026-05-18T20:30:19+00:00
- event_type: debt
- sentiment: positive
- 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/1950976/000119312526229011/0001193125-26-229011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1950976/000119312526229011/ck0001950976-20260513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-229011
- JSON: https://secwatch.observer/filing/0001193125-26-229011.json
- Plain text: https://secwatch.observer/filing/0001193125-26-229011.txt

## Key facts
- Debt Financings
  26North BDC, Inc. amended credit facility of from $450 million to $650 million with JPMorgan Chase Bank, National Association.
  - Instrument: credit facility
  - Principal: from $450 million to $650 million
  - Counterparty: JPMorgan Chase Bank, National Association
  - Event: amendment
  source text: Amendment No. 2 amended certain terms of the Subscription Facility, including, but not limited to, an amendment to increase the total Financing Commitments thereunder from $450 million to $650 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1950976/000119312526229011/0001193125-26-229011-index.htm
- Material Agreements
  26North BDC, Inc. amended Amendment No. 2 with JPMorgan Chase Bank, National Association valued at $650 million (effective 2026-05-13).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, National Association
  - Value: $650 million
  - Effective: 2026-05-13
  source text: On May 13, 2026, the Company entered into Amendment No. 2 ("Amendment No. 2") to that certain Loan and Security Agreement, dated as of February 7, 2025 (as amended by Amendment No. 1 dated as of September 5, 2025 and as amended, restated or otherwise modified from time to time), by and among 26North BDC, Inc. (the "Company"), as borrower, 26North Direct Lending LP, as portfolio manager, the lenders party thereto, and JPMorgan Chase Bank, National Association, as administrative agent (the “Subscription Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1950976/000119312526229011/0001193125-26-229011-index.htm

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