Antares Strategic Credit Fund Declares Distribution, Updates NAV & Private Offering

What Happened
Antares Strategic Credit Fund announced a regular distribution of $0.1905 per common share, payable to shareholders of record as of July 28, 2026 and to be paid on or about August 31, 2026; shareholders may receive cash or reinvest via the fund’s distribution reinvestment plan. The company also disclosed it is continuously offering Common Shares through a private placement (U.S. under Section 4(a)(2)/Rule 506 of Reg D and offshore under Regulation S), received approximately $7.1 million of subscriptions on July 1, 2026, and intends to continue monthly sales generally at NAV. The fund reported a June 30, 2026 NAV per share of $24.92.

Key Details

• Distribution: $0.1905 per common share; record date July 28, 2026; payable on or about August 31, 2026 (cash or reinvestment).
• Private offering: Continuous private placement; $7.1 million of subscriptions received on July 1, 2026; shares sold generally at NAV.
• NAV & balance sheet (as of June 30, 2026): NAV per share $24.92; aggregate NAV ≈ $2,059.4 million; loan commitments ≈ $5,495.4 million.
• Leverage: Principal debt outstanding ≈ $2,445.5 million; debt-to-equity (NAV) ≈ 1.19x; net leverage ≈ 1.13x (debt minus cash/short-term investments divided by NAV).

Why It Matters
The announced distribution provides near-term cash (or reinvestment) to shareholders and signals the fund’s ongoing payout policy. The ongoing private offering—priced generally at NAV—and the $7.1 million of recent subscriptions show the fund is raising capital that may dilute existing holders but can also fund new investments. The NAV and leverage figures give investors current insight into the fund’s size and indebtedness (net leverage ~1.13x), which are key for assessing risk, income sustainability, and capacity for new loans or investments. The filing was signed by CFO Thomas Sweeney on July 30, 2026.