5C Lending Partners Corp. Amends ABL Credit Facility, Increases $200M

What Happened

5C Lending Partners Corp. filed an 8-K (filed Sept. 8, 2026) disclosing a Second Amendment dated Sept. 2, 2026 to its Loan, Security and Collateral Management Agreement (the "Ally Loan Second Amendment") governing the Ally ABL Credit Facility. The amendment was entered among the Company (as transferor), 5CLP BDC I ABL SPV-A LLC (borrower), 5C Lending Partners Advisor LLC (collateral manager), Ally Bank (administrative agent, swingline lender and arranger), and U.S. Bank Trust Company, N.A. (collateral custodian).

Key Details

• The ABL Credit Facility size is increased by $200,000,000, from $400,000,000 to $600,000,000.
• Swingline commitment is increased to $60,000,000.
• Interest spreads were raised: for advances at the Benchmark rate to 1.83% (3.83% upon an Event of Default), and for Base Rate advances to 0.83% (2.83% upon an Event of Default).
• The filing includes the Ally Loan Second Amendment as Exhibit 10.1.

Why It Matters

This amendment materially increases the available revolving credit capacity for the related borrower vehicle, expanding liquidity and funding flexibility for the sponsor’s financing activities. However, the amendment also raises the applicable interest spreads, meaning borrowing under the facility will be more expensive under the revised terms. Investors should view this as a material financing development reported under Item 1.01 (and noted as a creation/modification of a direct financial obligation under Item 2.03) and can review Exhibit 10.1 in the 8-K for the complete amended agreement terms.