secwatch / observer
8-K filed May 8, 2024, 7:59 PM ET CIK 0001885968
debt confidence high sentiment neutral materiality 0.50

T Series Middle Market Loan Fund LLC: debt financing — T Series Middle Market Loan Fund reduces credit commitment to $175M, extends maturity to Nov 2024

T Series Middle Market Loan Fund LLC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

T Series Middle Market Loan Fund LLC amended revolving credit of decrease the Maximum Commitment in the amount of $63,500,000 for an aggregate Maximum Commitment of $175,000,000 with Commonwealth Bank of Australia maturing extend the Maturity Date to November 1, 2024.

Instrument
revolving credit
Principal
decrease the Maximum Commitment in the amount of $63,500,000 for an aggregate Maximum Commitment of $175,000,000
Counterparty
Commonwealth Bank of Australia
Maturity
extend the Maturity Date to November 1, 2024
Event
amendment
Exact text from the filing
The Fifth Amendment amended certain terms of the CBA Subscription Facility, including, but not limited to, amendments to (a) transition from CDOR to CORRA for Canadian Dollar borrowings, (b) extend the Maturity Date to November 1, 2024 (“New Maturity Date”), (c) allow for the Borrower to extend the New Maturity Date for an additional 6 month term, subject to certain conditions, and (d) decrease the Maximum Commitment in the amount of $63,500,000 for an aggregate Maximum Commitment of $175,000,000.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

T Series Middle Market Loan Fund LLC amended Fifth Amendment with Commonwealth Bank of Australia valued at decrease the Maximum Commitment in the amount of $63,500,000 for an aggregate Maximum Commitment of (effective 2024-05-02).

Action
amendment
Agreement
credit facility
Counterparty
Commonwealth Bank of Australia
Value
decrease the Maximum Commitment in the amount of $63,500,000 for an aggregate Maximum Commitment of
Effective
2024-05-02
Exact text from the filing
On May 2, 2024, T Series Middle Market Loan Fund LLC (the “Company”), a Delaware limited liability company, entered into an amendment (the “Fifth Amendment”) to that certain Revolving Credit Agreement, dated as of November 5, 2021 (as amended, restated or otherwise modified from time to time, the “CBA Subscription Facility”), by and among the Company, as Borrower, and Commonwealth Bank of Australia, as Administrative Agent, Lead Arranger, Letter of Credit Issuer and a Lender.
View on SEC.gov

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Source: SEC EDGAR
accession 0001885968-24-000014
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