12/29/2025 | Press release | Distributed by Public on 12/29/2025 15:16
| Item 1.01. |
Entry into a Material Definitive Agreement. |
On December 22, 2025, Silver Point Specialty Lending Fund (the "Fund") completed Amendment No. 21 (the "Amendment") with respect to the Loan Financing and Servicing Agreement, dated as of October 17, 2017 (as amended, supplemented, amended and restated and otherwise modified from time to time, the "Loan Agreement") among Specialty Credit Facility, as borrower (the "Borrower"), Specialty Credit Services, LLC, as servicer (the "Servicer"), Deutsche Bank AG, New York Branch ("DBNY"), as facility agent (in such capacity, the "Facility Agent"), and DBNY and Customers Bank ("Customers"), as lenders (in such capacity, each a "Lender" and collectively, the "Lenders").
The Amendment, among other things, increases the facility amount to $250,000,000.
The description above is only a summary of the material provisions of the Amendment and Loan Agreement and is qualified in its entirety by reference to the provisions of the Loan Agreement, a copy which is attached hereto as Exhibit 10.1.
| Item 2.03. |
Creation of a Direct Financial Obligation |
The information set forth under Item 1.01 above is incorporated by reference into this Item 2.03.
| Item 3.02. |
Unregistered Sale of Equity Securities. |
As of December 1, 2025, the Fund issued and sold 849,858 of its unregistered common shares of beneficial interest, par value $0.001 per share (the "Shares"), for an aggregate offering price of $12,000,000, reflecting a purchase price of $14.12 per Share (with the final number of Shares being determined on December 24, 2025).
The offer and sale of Shares was made pursuant to subscription agreements entered into by the Fund and its shareholders. The offer and sale of the Shares was exempt from the registration provisions of the Securities Act of 1933, pursuant to Section 4(a)(2) of the Securities Act, Regulation D thereunder, and/or Regulation S thereunder.