Antares Strategic Credit Fund

04/21/2026 | Press release | Distributed by Public on 04/21/2026 15:25

Material Agreement, Financial Obligation (Form 8-K)

Item 1.01. Entry into a Material Definitive Agreement.

On April 15, 2026, Antares CLO 2026-2, LLC (the "Credit SPV"), a wholly-owned subsidiary of Antares Strategic Credit Fund (the "Fund"), as borrower, and the Fund, as collateral manager, entered into a revolving credit facility (the "Credit Facility") pursuant to a Credit Agreement (the "Agreement"), with the lenders from time to time party thereto, PNC Bank, National Association, as administrative agent (the "Administrative Agent"), PNC Capital Markets LLC, as structuring agent, U.S. Bank Trust Company, National Association, as collateral agent and collateral administrator, and U.S. Bank National Association, as collateral custodian and custodian. The Agreement is effective as of April 15, 2026. Capitalized terms used herein but not otherwise defined herein shall have the meanings assigned to such terms in the Agreement.

Loans under the Credit Facility bear interest at a per annum rate equal to the sum of the Benchmark applicable to the relevant Interest Period plus an applicable margin equal to 1.60% per annum, where Benchmark means, initially, Term SOFR.

The initial total commitment amount under the Credit Facility is $700 million, consisting of a $525 million commitment for term Class A-T Loans and a $175 million commitment for revolving Class A-R Loans. The revolving Class A-R Loans borrowed under the Credit Facility may be repaid and reborrowed until the end of the Reinvestment Period, which is scheduled to occur on April 15, 2030 (unless earlier ended or extended), and all amounts outstanding under the Credit Facility must be repaid by April 15, 2038. Proceeds from loans made under the Credit Facility may be used to, among other purposes, fund collateral obligations acquired by the Credit SPV, to pay certain fees and expenses and to make distributions to the Fund, subject to certain conditions set forth in the Agreement. The Agreement includes customary affirmative and negative covenants, including certain limitations on the incurrence of additional indebtedness and liens, as well as usual and customary events of default for loan facilities of this nature.

Item 2.03. Creation of Direct Financial Obligation.

The information included under Item 1.01 above regarding the Credit Facility and the Agreement is incorporated by reference into this Item 2.03.

Antares Strategic Credit Fund published this content on April 21, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 21, 2026 at 21:26 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]