10/01/2025 | Press release | Distributed by Public on 10/01/2025 15:22
Item 1.02. |
Termination of a Material Definitive Agreement. |
On September 29, 2025, Oaktree Strategic Credit Fund (the "Company") repaid all outstanding borrowings under that certain loan and servicing agreement, dated September 29, 2023 (as amended and restated from time to time, the "SMBC Loan and Servicing Agreement"), by and among OSCF Lending III SPV, LLC, a wholly owned subsidiary of the Company, as borrower, the Company, as transferor and servicer, Sumitomo Mitsui Banking Corporation, as administrative agent and collateral agent, Citibank, N.A., as the account bank and collateral custodian, Virtus Group, LP, as collateral administrator, and the lenders party thereto, following which the SMBC Loan and Servicing Agreement was terminated. Obligations under the SMBC Loan and Servicing Agreement would have otherwise matured on September 29, 2028.