Silver Point Specialty Lending Fund 8-K

What Happened

• Silver Point Specialty Lending Fund filed an 8-K (Dec 29, 2025) reporting Amendment No. 21 to its Loan Financing and Servicing Agreement, completed Dec 22, 2025, which increases the borrowing facility to $250,000,000. The Loan Agreement involves Specialty Credit Facility (borrower), Specialty Credit Services, LLC (servicer), Deutsche Bank AG, New York Branch (facility agent and lender) and Customers Bank (lender).
• The Fund also reported an unregistered equity offering: as of Dec 1, 2025 it issued and sold 849,858 common shares for aggregate proceeds of $12,000,000 (purchase price $14.12 per share; final share count determined Dec 24, 2025). The share sales were made under subscription agreements and relied on Section 4(a)(2) and/or Regulation D or S exemptions.

Key Details

• Facility increased to $250,000,000 via Amendment No. 21 to the Loan Financing and Servicing Agreement (Amendment dated Dec 22, 2025).
• Equity issuance: 849,858 shares sold for $12,000,000 (approx. $14.12 per share); offering was unregistered and exempt from Securities Act registration.
• Parties to the amended loan agreement include Deutsche Bank AG, New York Branch (facility agent and lender) and Customers Bank (lender); full amendment is filed as Exhibit 10.1.

Why It Matters

• The amended credit facility expands the Fund’s borrowing capacity to $250M, which increases available liquidity and financing flexibility for its lending and investment activities.
• The $12M equity raise provides additional capital but also represents newly issued shares (dilution to existing holders). The filing confirms the transactions but does not disclose specific uses of the new borrowing capacity or proceeds.