Antares Strategic Credit Fund 8-K

What Happened
Antares Strategic Credit Fund filed an 8-K (Apr 1, 2026) announcing a regular distribution of $0.1909 per share and a special distribution of $0.0053 per share for its common shares, payable to shareholders of record as of March 30, 2026 and to be paid on or about April 30, 2026. The distributions will be paid in cash or reinvested under the fund’s distribution reinvestment plan. The filing also discloses that the fund is conducting a continuous private offering of its common shares (U.S. under Section 4(a)(2)/Rule 506 of Regulation D; outside U.S. under Regulation S) and received approximately $21.3 million of subscriptions on March 1, 2026.

Key Details

• Distribution: $0.1909 regular + $0.0053 special per common share; record date March 30, 2026; payment on/about April 30, 2026 (cash or reinvestment).
• Private offering: Ongoing continuous private placement; offering price generally equal to NAV; ~$21.3 million of subscriptions received March 1, 2026.
• NAV & balance sheet (as of Feb 28, 2026): NAV per share $24.99; aggregate NAV ≈ $2,138.5 million.
• Leverage and commitments: loan commitments ≈ $5,565.9 million; principal debt outstanding ≈ $2,437.4 million; debt-to-equity (NAV) ratio ≈ 1.14x.

Why It Matters
The announced distributions provide near-term cash (or additional shares if reinvested) to shareholders and set the record/payment dates investors need to capture the payout. The ongoing private offering — priced generally at NAV and with $21.3M subscribed in March — is a source of new capital and may increase the fund’s share count over time. The NAV, aggregate NAV, loan commitments and leverage ratio give investors a snapshot of the fund’s size and borrowing level as of Feb 28, 2026, which are key metrics for assessing risk and income potential in a credit-focused closed-end fund.