---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-412318"
form_type: "8-K"
ticker: null
cik: "0001726548"
company_name: "BC Partners Lending Corp"
filed_at: "2026-10-02T20:18:03+00:00"
generated_at: "2026-10-12T14:37:34.463419+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BCPL closes ACIF merger; combined NAV tops $223M; credit facility upsized to $200M

## Summary
- Completed merger of Alternative Credit Income Fund into BCPL on Sept 29, 2026; issued ~7,074,995 BCPL shares to ACIF holders; combined company NAV exceeds $223M as of Sept 26, 2026.
- Exchange ratios per ACIF share: Class A 0.4571, Class C 0.4647, Class I 0.4568, Class L 0.4579, Class W 0.4567; cash paid in lieu of fractional shares.
- Credit facility First Amendment raised commitment from $125M to $200M, extended revolving period to Sept 29, 2029 and maturity to Sept 29, 2031, and accordion to $400M.
- Ahead of closing, ACIF conducted a one-time discretionary repurchase offer for up to 15% of its outstanding shares at NAV as of the Sept 24, 2026 close.
- CEO Ted Goldthorpe cited enhanced scale, a more diversified portfolio, lower operating expenses and improved liquidity; KBW and Lucid Capital Markets advised the special committees.

## SEC filing metadata
- accession: 0001193125-26-412318
- form_type: 8-K
- cik: 0001726548
- company_name: BC Partners Lending Corp
- filed_at: 2026-10-02T20:18:03+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1726548/000119312526412318/0001193125-26-412318-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1726548/000119312526412318/d54925d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-412318
- JSON: https://secwatch.observer/filing/0001193125-26-412318.json
- Plain text: https://secwatch.observer/filing/0001193125-26-412318.txt

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