secwatch.observer — SEC 8-K summary
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Issuer:     Brookfield Oaktree Holdings, LLC (OAK-PA)
CIK:        0001403528
Form:       8-K
Filed at:   2021-09-20T23:59:59+00:00
Accession:  0001403528-21-000027
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oaktree extends credit facility maturity to 2026, lowers AUM covenant to $57.5B
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- Maturity extended from Dec 13, 2024 to Sep 14, 2026, with option for two additional years.
- Assets under management covenant threshold reduced from $65B to $57.5B of management fee-generating AUM.
- Maximum leverage ratio increased to 4.00:1.00 from prior levels.
- Borrowers are entities owned by Oaktree and Brookfield; Brookfield holds all common units of Oaktree Capital Group.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403528/000140352821000027/0001403528-21-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403528/000140352821000027/oak-20210914.htm
  HTML page:      https://secwatch.observer/filing/0001403528-21-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer