UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): May 01, 2025 |
Overland Advantage
(Exact name of Registrant as Specified in Its Charter)
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Delaware |
814-01698 |
92-6424189 |
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
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375 Park Avenue 11th Floor |
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New York, New York |
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10152-0002 |
(Address of Principal Executive Offices) |
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(Zip Code) |
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Registrant’s Telephone Number, Including Area Code: 212 672-5088 |
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s) |
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Name of each exchange on which registered
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N/A |
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N/A |
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N/A |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
Overland Advantage (the “Company”) is party to that certain Revolving Credit Agreement among the Company, as the initial borrower, Overland Advantage Feeder Fund, L.P., as the guarantor, Overland Advantage Feeder Fund GP Ltd., as the general partner of the Guarantor, Sumitomo Mitsui Trust Bank, Limited, New York Branch (“SMTB”), as administrative agent, arranger and a lender, and NatWest Markets PLC, as a lender, as amended (the “SMTB Credit Facility”).
On May 1, 2025, the Company and the lenders agreed to increase the maximum commitments under the SMTB Credit Facility from $200.0 million to $275.0 million pursuant to a facility increase request. Under the terms of the SMTB Credit Facility, the Company and SMTB, as administrative agent, can agree to further increase the maximum commitments to up to $500.0 million. On June 30, 2025, the maximum commitments under the SMTB Credit Facility will be automatically reduced to $175.0 million and the Company will be required to repay any outstanding loans under the SMTB Credit Facility in excess of $175.0 million unless the Company and SMTB agree to further increase to the maximum commitments.
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.
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OVERLAND ADVANTAGE |
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Date: |
May 7, 2025 |
By: |
/s/ Kimberly A. Terjanian |
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Name: Kimberly A. Terjanian Title: Chief Financial Officer |