08/27/2026 | Press release | Distributed by Public on 08/27/2026 14:21
On August 27, 2026, Antares Strategic Credit Fund (the "Company") declared a regular distribution in the amount of $0.1906 per share for its common shares of beneficial interest (the "Common Shares"), which is payable to shareholders of record as of August 27, 2026, and will be paid on or about September 29, 2026. This distribution will be paid in cash or reinvested in additional Common Shares for shareholders participating in the Company's distribution reinvestment plan.
The Company is offering its Common Shares on a continuous basis via a private placement. The Common Shares are offered and sold (i) in the United States under the exemption provided by Section 4(a)(2) of the Securities Act of 1933, as amended ("Securities Act"), and Rule 506 of Regulation D promulgated thereunder and other exemptions of similar import in the laws of the states and jurisdictions where the offering will be made, and (ii) outside of the United States in accordance with Regulation S of the Securities Act (the "Private Offering").
On August 1, 2026, the Company received approximately $8.5 million of subscriptions for its Common Shares from unaffiliated investors. The Company intends to continue selling Common Shares in the Private Offering on a monthly basis at an offering price generally equal to the net asset value ("NAV") per share.
The NAV per share for the Common Shares of the Company, as of July 31, 2026, as determined in accordance with the Company's valuation policy, is $24.94.
As of July 31, 2026, the Company's aggregate NAV was approximately $2,074.6 million, with loan commitments of approximately $5,383.1 million. Additionally, the Company had principal debt outstanding of approximately $2,361.3 million, resulting in a debt-to-equity (NAV) ratio of approximately 1.14 times, and a net leverage ratio of approximately 1.09 times. Net leverage ratio is calculated as principal debt outstanding less cash, foreign currencies, and short-term investments divided by NAV.