SLR HC BDC LLC Enters New $35M Credit Facility with Deutsche Bank

What Happened

• SLR HC BDC LLC announced it entered into a Loan Financing and Servicing Agreement (the "DB Credit Facility") on August 14, 2026. The borrower is its wholly owned SPV, SLR HC BDC SPV, LLC; Deutsche Bank AG, New York Branch serves as facility agent and Western Alliance Trust Company serves as collateral agent/custodian/administrator.
• The DB Credit Facility replaces the prior JPM Credit Facility and permits borrowings up to $35 million. The Company drew $29 million at closing to pay off and terminate the prior JPM facility.

Key Details

• Facility cap: up to $35,000,000; amount outstanding at closing: $29,000,000.
• Maturity date: August 14, 2031; revolving period ends August 14, 2029.
• Stated interest: applicable cost of funds rate plus 2.60% per annum.
• Security: the DB Credit Facility is secured by all assets held by the SPV.
• The Company and SPV made customary representations and warranties and must comply with covenants (including leverage restrictions, reporting) and usual events of default. Borrowings remain subject to leverage limits under the Investment Company Act of 1940.

Why It Matters

• This agreement provides the fund with a new committed borrowing line and immediate liquidity—$29M was drawn to retire the old JPM facility—supporting portfolio funding and operations.
• The terms (size, maturity, revolving period, and interest spread) and the security over SPV assets determine the company’s short- and medium-term financing costs and flexibility. Leverage restrictions under the 1940 Act and the facility covenants may limit additional borrowings or portfolio actions. The full agreement is filed as Exhibit 10.1 to the 8-K for details.