UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 1.01. | Entry into a Material Definitive Agreement. |
On March 10, 2025, SLR HC BDC LLC (the “Company”) entered into Amendment No. 4 (the “Fourth Amendment”) to the Company’s $25 million revolving credit facility with ING Capital LLC, as administrative agent, sole lead arranger and sole bookrunner (the “Subscription Facility”). The Fourth Amendment extended the maturity date of the Subscription Facility to March 13, 2026 and reduced the stated interest rate on the Subscription Facility to SOFR plus 2.65%, among other changes. Under the terms of the Subscription Facility, the Company has made certain customary representations and warranties and is required to comply with various covenants, including reporting requirements and other customary requirements for similar credit facilities. The Subscription Facility also includes usual and customary events of default for credit facilities of this nature.
Borrowing under the Subscription Facility remains subject to the leverage restrictions contained in the Investment Company Act of 1940, as amended.
The description above is only a summary of the material provisions of the Fourth Amendment and is qualified in its entirety by reference to the Fourth Amendment, which is filed as Exhibit 10.1 to this Current Report.
Item 2.03 | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
The disclosure set forth above under Item 1.01 is incorporated by reference herein.
Item 9.01. | Financial Statements and Exhibits. |
(a) | Not applicable. |
(b) | Not applicable. |
(c) | Not applicable. |
(d) | Exhibits. |
Exhibit No. |
Description | |
10.1 | Form of Revolving Credit Agreement, dated as of March 19, 2021 (as amended through the Fourth Amendment, dated as of March 10, 2025), by and between the Company and ING Capital LLC as Administrative Agent, Sole Lead Arranger and Sole Bookrunner | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
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.
Date: March 12, 2025 | SLR HC BDC LLC | |||||
By: | /s/ Guy F. Talarico | |||||
Guy F. Talarico | ||||||
Secretary |