Vista Credit Strategic Lending Corp.
12/16/2024 | Press release | Distributed by Public on 12/16/2024 14:41
Material Agreement Form 8 K
Item 1.01. Entry into a Material Definitive Agreement.
On December 10, 2024, Vista Credit Strategic Lending Corp. (the "Company") entered into Amendment No. 1 ("Amendment No. 1") to the loan financing and servicing agreement (the "DB Credit Facility"), dated as of June 26, 2024, by and among VCSL Funding 1 LLC ( "VCSL Funding"), a direct wholly owned subsidiary of the Company, as borrower, the Company, as equityholder and as servicer, Deutsche Bank AG, New York Branch, as facility agent, State Street Bank and Trust Company, as collateral agent and as collateral custodian, and each of the lenders, other agents and securitization subsidiaries that are parties thereto from time to time. Amendment No. 1 amends the DB Credit Facility to provide that VCSL Funding may increase the maximum principal amount available under the DB Credit Facility from $200.0 million to $350.0 million upon three business days' written notice. The other material terms of the DB Credit Facility remain unchanged. The Company expects that VCSL Funding will exercise this option to increase the maximum principal amount available to $350.0 million before the end of the first quarter of 2025.
The description above is only a summary of the material provisions of Amendment No. 1 and is qualified in its entirety by reference to copies of Amendment No. 1, which is filed as Exhibit 10.1 to this current report on Form 8-K and incorporated by reference herein.