---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-066021"
form_type: "8-K"
ticker: "MLCI"
cik: "0002051820"
company_name: "Mount Logan Capital Inc."
filed_at: "2026-10-15T21:21:31+00:00"
generated_at: "2026-10-15T21:22:11.991646+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Mount Logan unit waives credit defaults; cancels $15M SCIM note in exchange for 29.88% BCPLC fee revenue share

## Summary
- Lenders waived specified events of default tied to termination of ACIF's management agreement and cancellation of the SCIM Promissory Note, plus Logan Ridge's 2025 merger.
- SCIM assigned rights to a 29.88% revenue share of BCPA's management/incentive fees from BCPLC to MLC Sub, satisfying the $15.0M SCIM Promissory Note.
- Alternative Credit Income Fund merged into BC Partners Lending Corporation on Sept 29, 2026; MLC holds a 24.99% minority stake in SCIM.
- Amended and Restated Master Services Agreement (Dec 17, 2020) terminated; MLC Sub owes SCIM ~$3.4M, repaid quarterly by offsetting revenue share payments.
- No early termination penalties were incurred in connection with the note cancellation or the Services Agreement termination.

## SEC filing metadata
- accession: 0001628280-26-066021
- form_type: 8-K
- ticker: MLCI
- cik: 0002051820
- company_name: Mount Logan Capital Inc.
- filed_at: 2026-10-15T21:21:31+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2051820/000162828026066021/0001628280-26-066021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2051820/000162828026066021/yukon-20260929.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-066021
- JSON: https://secwatch.observer/filing/0001628280-26-066021.json
- Plain text: https://secwatch.observer/filing/0001628280-26-066021.txt

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