$SAMG·8-K

Silvercrest Asset Management Group Inc. · Jun 18, 4:03 PM ET

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Silvercrest Asset Management Group Inc. 8-K

Research Summary

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Updated

Silvercrest Asset Management Amends Credit Agreement with City National Bank

What Happened
Silvercrest Asset Management Group Inc. (through subsidiaries of Silvercrest L.P.) filed an 8-K on June 18, 2026 disclosing a Second Amendment to its Amended and Restated Credit Agreement with City National Bank. The amendment updates key loan dates and amounts for the borrowers (Silvercrest Asset Management LLC, Silvercrest Investors LLC, Silvercrest Investors II LLC and Silvercrest Financial Services, Inc.) and is acknowledged by Silvercrest L.P. as guarantor.

Key Details

  • Second Amendment date: June 18, 2026 (filed as Exhibit 4.1).
  • Term loan commitment as of the amendment date: $5.0 million.
  • Term loan maturity date: June 18, 2029, with two one-year extension options.
  • Term loan draw date expires: June 18, 2028.
  • Revolving credit facility size referenced: $10.0 million; maturity date: June 18, 2027.
  • Silvercrest L.P. guarantees the obligations of its borrower subsidiaries under the facility.

Why It Matters
This filing formalizes updated borrowing terms and schedules that affect Silvercrest’s short- to mid-term liquidity and contractual debt obligations. Investors should note the specific loan amounts and maturity dates (including extension options) because they determine when the company may need to refinance or repay borrowings and reflect the company's available credit capacity under the amended facility. The full amendment text is filed as an exhibit for detailed review.

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