5C Lending Partners Corp. 8-K

What Happened

• 5C Lending Partners Corp. filed an 8-K reporting a Second Amendment (dated December 19, 2025) to its revolving credit agreement with U.S. Bank National Association as administrative agent. The amendment adds a newly formed feeder fund, 5C Lending Partners Structured Feeder LP, as a credit party and includes that feeder’s commitments in the borrowing base. The new pledgor executed customary subscription-facility security documents pledging collateral to the administrative agent.
• The Company’s Board declared a special cash distribution of $0.20 per share of common stock on December 24, 2025. The distribution is payable January 15, 2026 to holders of record as of the close of business on December 31, 2025; shareholders may receive cash or reinvest via the Company’s distribution reinvestment plan.
• The report also discloses the Company’s investment operations as of December 29, 2025: total portfolio of $594.1 million across 19 portfolio companies, comprised of $539.1 million in loan commitments (about $401.6 million funded, $137.5 million unfunded) and a $55.0 million preferred equity investment. The Company closed a first‑lien credit facility in connection with a refinancing and upsizing for FYidoctors.

Key Details

• Second Amendment dated: December 19, 2025 (filed as Exhibit 10.1).
• New pledgor: 5C Lending Partners Structured Feeder LP (Delaware limited partnership) added as credit party; its commitments included in the borrowing base.
• Special distribution: $0.20 per share; record date December 31, 2025; payable January 15, 2026; cash or reinvestment option.
• Portfolio snapshot (12/29/2025): $594.1M total; $539.1M loan commitments (funded $401.6M; unfunded $137.5M); $55.0M preferred equity.

Why It Matters

• For investors, the credit agreement amendment is material because it brings an additional feeder fund into the secured borrowing base, which can affect the Company’s borrowing capacity and the secured obligations under the facility. The new pledgor also provided customary subscription-collateral security, increasing the pool of pledged assets.
• The $0.20 special distribution is a direct cash return (or reinvestment option) to shareholders with a clear record and payment date, which may be relevant for income-focused investors and tax planning.
• The disclosed portfolio size and recent FYidoctors financing show the Company’s current scale and recent deal activity, giving investors updated context on exposure and deployment of capital.