UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 2.04. | Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement. |
On July 16, 2025, Silver Point Specialty Lending Fund (the “Fund”), acting through its wholly-owned subsidiary, Specialty Credit Facility (the “Borrower”), exercised a committed $50,000,000 increased facility amount under the Fund’s 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 the Borrower, Specialty Credit Services, LLC, as servicer, Deutsche Bank AG New York Branch, as facility agent, and Deutsche Bank AG, New York Branch and Customers Bank, as lenders.
As a result of the Fund’s exercise of the increased facility amount, the Fund is permitted to borrow an amount under the Loan Agreement up to $150,000,000. Borrowings under the Loan Agreement accrue interest at a rate equal to 3-Month SOFR plus a margin of 170 basis points per annum on the drawn portion. The Fund also incurs a commitment fee of 40 basis points per annum on any unused portion of the facility. The stated maturity under the Loan Agreement is April 17, 2031.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Silver Point Specialty Lending Fund | ||||||
| Date: July 22, 2025 | By: | /s/ James Kasmarcik | ||||
| Name: | James Kasmarcik | |||||
| Title: | Secretary | |||||