---
schema_version: "secwatch.filing_event.v1"
accession: "0001839882-25-010348"
form_type: "8-K"
ticker: null
cik: "0001684682"
company_name: "CNL Strategic Capital, LLC"
filed_at: "2025-02-21T23:59:59+00:00"
generated_at: "2026-05-26T06:59:04.045246+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CNL Strategic Capital amends $50M credit line; NAV per share edges down ~$0.10 in Jan 2025

## Summary
- Line of credit may increase up to $100M at Valley National Bank's discretion; new maturity Feb 15, 2026.
- NAV per share decreased $0.06-$0.11 across all classes as of Jan 31, 2025; total assets $1.25B.
- Board declared monthly distribution of $0.104167/Share for Class FA/A/I/S; payable March 27, 2025.
- New public offering prices effective Feb 27, 2025; Class A $38.89, Class T $37.39, etc.

## SEC filing metadata
- accession: 0001839882-25-010348
- form_type: 8-K
- cik: 0001684682
- company_name: CNL Strategic Capital, LLC
- filed_at: 2025-02-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1684682/000183988225010348/0001839882-25-010348-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1684682/000183988225010348/cnl-8k_021525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001839882-25-010348
- JSON: https://secwatch.observer/filing/0001839882-25-010348.json
- Plain text: https://secwatch.observer/filing/0001839882-25-010348.txt

## Key facts
- Debt Financings
  CNL Strategic Capital, LLC amended revolving credit of fifty million dollar ($50.0 million) revolving line of credit with Valley National Bank at 1-Month Term secured overnight financing rate ("SOFR") plus 2.75% maturing February 15, 2026.
  - Instrument: revolving credit
  - Principal: fifty million dollar ($50.0 million) revolving line of credit
  - Counterparty: Valley National Bank
  - Rate: 1-Month Term secured overnight financing rate ("SOFR") plus 2.75%
  - Maturity: February 15, 2026
  - Event: amendment
  source text: On February 15, 2025, CNL Strategic Capital B, Inc. (“Borrower”), a wholly-owned subsidiary of CNL Strategic Capital, LLC ( the “Company”) and Valley National Bank, a Tennessee banking corporation, (referred to as “Valley National Bank”) entered into a First Amendment (“First Amendment”) to the Loan and Security Agreement (the “Loan Agreement”) previously entered into by such parties for a fifty million dollar ($50.0 million) revolving line of credit (the “Line of Credit”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1684682/000183988225010348/0001839882-25-010348-index.htm

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